Tuesday daytime Bitcoin and Altcoin thoughts

On the four-hour chart, Bitcoin's large candlestick with a big bearish drop down to the lower Bollinger Band is not a reversal signal, but rather a healthy pullback and consolidation after a rapid rally. After touching the lower band, the momentum slows down, the bearish energy weakens, and key support zones provide a solid backing.

On the hourly chart, after breaking through short-term support, the price has stabilized around 86,000. The market remains oversold, with persistent selling sentiment, and the technical rebound demand is becoming increasingly strong.

Although the moving averages show temporary divergence downward, key support levels are often the starting point for a corrective rebound. The overall trend remains unchanged; Bitcoin is still in a mid- to long-term upward channel with oscillations. This pullback to the lower band is precisely to release pressure for the next round of upward attack and to solidify the foundation. Once again, remind beginners to stay defensive when trading!

Bitcoin: around 85,000, then aiming for around 87,200;
Altcoin: around 2,900, then aiming for around 3,020.

Personal opinion, for entertainment only, not investment advice!