Monday Night BTCÐ Strategy Analysis
Evening Market Interpretation: BTC tested the critical resistance level of 94,588 intraday and then retreated under pressure. The bullish momentum quickly faded, and the price not only lost the support of the middle band of the Bollinger Bands but also dipped to a low of 87,500 in the early morning. From a technical perspective, currently BTC is trading within the Bollinger Bands' middle and lower bands. The upper band shows a clear resistance signal, while the support at the lower band is relatively weak. Additionally, the Bollinger Bands are showing a down
View OriginalEvening Market Interpretation: BTC tested the critical resistance level of 94,588 intraday and then retreated under pressure. The bullish momentum quickly faded, and the price not only lost the support of the middle band of the Bollinger Bands but also dipped to a low of 87,500 in the early morning. From a technical perspective, currently BTC is trading within the Bollinger Bands' middle and lower bands. The upper band shows a clear resistance signal, while the support at the lower band is relatively weak. Additionally, the Bollinger Bands are showing a down















