From a technical perspective, currently BTC is operating within the middle and lower bands of the Bollinger Bands. The upper band is exerting resistance signals, while the lower band’s support strength is relatively weak. Additionally, the Bollinger Bands are showing a downward turn, and if a short-term rebound cannot stabilize above the middle band, the downward trend may continue.
Evening trading strategy:
Bitcoin: It is recommended to short in the range of 90500-91000, with the first target at 88000 and the second target at 86500.
Altcoin: It is recommended to short in the range of 3180-3220, with the first target at 3080 and the second target at 3000.
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From a technical perspective, currently BTC is operating within the middle and lower bands of the Bollinger Bands. The upper band is exerting resistance signals, while the lower band’s support strength is relatively weak. Additionally, the Bollinger Bands are showing a downward turn, and if a short-term rebound cannot stabilize above the middle band, the downward trend may continue.
Evening trading strategy:
Bitcoin: It is recommended to short in the range of 90500-91000, with the first target at 88000 and the second target at 86500.
Altcoin: It is recommended to short in the range of 3180-3220, with the first target at 3080 and the second target at 3000.