#加密市场回调 In terms of technical analysis, BTC has shown a continuous downward trend in the four-hour cycle, with the price breaking below the lower band of the Bollinger Bands. However, it is worth noting that the current downward momentum has significantly weakened, with the recent bearish line forming a long lower wick, indicating that short-term support is coming into play. Although various moving average indicators have started to tilt downward, the middle band of the Bollinger Bands still maintains an upward trend, which is a positive signal. Since there have been no signs of a sustained downward trend, the market is likely to experience a rebound.

The hourly chart shows that after a rebound from two bullish lines, the market encountered resistance and is currently in a second pullback phase. In terms of technical indicators, the K value and J value in the KDJ have entered the oversold area. Coupled with the support provided by the lower band of the Bollinger Bands, the early session strategy suggests first observing the strength of the pullback, and then considering a low-buy strategy.

Bitcoin operation suggestion: You can pay attention to the 111800-112500 area to go long, with the upward target aimed at the 114500 to 115500 range.

Ethereum trading advice: Pay attention to the 3900-3950 area for long positions, with an upward target aimed at the 4100-4150 range.

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