On the four-hour chart, after three consecutive bullish rebounds, the momentum has slowed down. Currently, it remains below the middle band of the Bollinger Bands, although supported near the lower band, but multiple attempts by the bulls to break through have failed to achieve an effective breakout, indicating that buying strength has not yet consolidated. In the short term, further downward adjustment may continue.
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Friday morning, September 1st BTC/ETH Silk Share
On the four-hour chart, after three consecutive bullish rebounds, the momentum has slowed down. Currently, it remains below the middle band of the Bollinger Bands, although supported near the lower band, but multiple attempts by the bulls to break through have failed to achieve an effective breakout, indicating that buying strength has not yet consolidated. In the short term, further downward adjustment may continue.
Bitcoin ranges between 91,400-91,900, with a target of 89,100
Ethereum ranges between 3,130-3,150, with a target of 2,990
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