From the current market perspective, Bitcoin is in a range-bound consolidation pattern in the short term, with the medium-term trend still leaning bearish. Currently, the middle band of the Bollinger Bands is exerting significant pressure on the price, which is hovering around $112,600 below the middle band, and the overall Bollinger Bands are in a converging state. The short-term candlestick performance shows alternating small bearish and bullish candles, and has not yet formed a clear one-sided trend. It is recommended to continue the range-bound trading strategy, focusing on buying low and selling high as the main strategy.
Trading suggestion: Go long near 112700 to 112200, targeting 114000#区块链 #大饼 .
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9.25 BTC midday analysis
From the current market perspective, Bitcoin is in a range-bound consolidation pattern in the short term, with the medium-term trend still leaning bearish. Currently, the middle band of the Bollinger Bands is exerting significant pressure on the price, which is hovering around $112,600 below the middle band, and the overall Bollinger Bands are in a converging state. The short-term candlestick performance shows alternating small bearish and bullish candles, and has not yet formed a clear one-sided trend. It is recommended to continue the range-bound trading strategy, focusing on buying low and selling high as the main strategy.
Trading suggestion: Go long near 112700 to 112200, targeting 114000#区块链 #大饼 .