The current market situation is quite clear. After Bitcoin touches the support below, it enters a phase of oscillation and consolidation. Looking at the 4-hour chart, the price rebounds to the middle band of the Bollinger Bands and faces immediate resistance. Although the short-term bulls have attempted to push higher, they have reached a key resistance level, and the upward momentum is clearly insufficient. The next critical point depends on whether this resistance level can be broken: if it can be effectively stabilized and broken through, there is room for further upward movement; if not, the market will likely continue to trade within a range. Additionally, market liquidity tends to be weaker over the weekend, so significant volatility is unlikely. In terms of trading strategy, it’s best to adopt a high short and low long approach within the range, prioritizing stability.
Bitcoin rebounds around 87,800-88,500 with resistance, and looks to support at 86,500-85,000. Altcoins rebound around 2,950-2,980 with resistance, and look to support at 2,880-2,800. #加密市场小幅回暖
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The current market situation is quite clear. After Bitcoin touches the support below, it enters a phase of oscillation and consolidation. Looking at the 4-hour chart, the price rebounds to the middle band of the Bollinger Bands and faces immediate resistance. Although the short-term bulls have attempted to push higher, they have reached a key resistance level, and the upward momentum is clearly insufficient. The next critical point depends on whether this resistance level can be broken: if it can be effectively stabilized and broken through, there is room for further upward movement; if not, the market will likely continue to trade within a range. Additionally, market liquidity tends to be weaker over the weekend, so significant volatility is unlikely. In terms of trading strategy, it’s best to adopt a high short and low long approach within the range, prioritizing stability.
Bitcoin rebounds around 87,800-88,500 with resistance, and looks to support at 86,500-85,000.
Altcoins rebound around 2,950-2,980 with resistance, and look to support at 2,880-2,800.
#加密市场小幅回暖