Bitcoin continues to decline intraday, ultimately reaching the 91,000 level. There is currently a rebound, but it still remains at a recent low.
On the four-hour chart, the Bollinger Bands previously showed a downward turn and divergence. Currently, they are transitioning to a sideways trend. The KDJ indicator's two lines also show signs of turning sideways. This suggests that a range-bound pattern may reappear. The next step is to observe whether the support is effective.
For entry direction, around 91,000, with the target at around 93,000. #BTC #ETH
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Bitcoin continues to decline intraday, ultimately reaching the 91,000 level. There is currently a rebound, but it still remains at a recent low.
On the four-hour chart, the Bollinger Bands previously showed a downward turn and divergence. Currently, they are transitioning to a sideways trend. The KDJ indicator's two lines also show signs of turning sideways. This suggests that a range-bound pattern may reappear. The next step is to observe whether the support is effective.
For entry direction, around 91,000, with the target at around 93,000. #BTC #ETH