Based on the current market situation of Bitcoin, the 4-hour chart shows that after two rounds of bullish attempts at the middle band of the Bollinger Bands, it has begun a five-day decline and retest. During this period, the Bollinger Bands continue to expand downward, indicating that the bearish momentum remains active. Any rebound should be seen as a selling opportunity.
Bitcoin: Range between 73,500-74,200, with a downside target near 71,500$BTC #美国部分停摆结束
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2.5 Morning Thoughts
Based on the current market situation of Bitcoin, the 4-hour chart shows that after two rounds of bullish attempts at the middle band of the Bollinger Bands, it has begun a five-day decline and retest. During this period, the Bollinger Bands continue to expand downward, indicating that the bearish momentum remains active. Any rebound should be seen as a selling opportunity.
Bitcoin: Range between 73,500-74,200, with a downside target near 71,500$BTC #美国部分停摆结束