Looking at the 4-hour K-line chart, the Bollinger Bands are continuously narrowing. In the past week, 85000-88500 has become the oscillation range, with balanced forces of bulls and bears in the market. In this situation, the price oscillates repeatedly, and new signals are urgently needed to break the current deadlock and determine the subsequent trend. For short-term strategies, it is recommended to primarily focus on short positions, with long positions as a supplement. Bitcoin, short at 87800-88500, if it doesn't break 85000, you can go long. Aunt is synchronized #BTC
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Morning thoughts on 3.27
Looking at the 4-hour K-line chart, the Bollinger Bands are continuously narrowing. In the past week, 85000-88500 has become the oscillation range, with balanced forces of bulls and bears in the market. In this situation, the price oscillates repeatedly, and new signals are urgently needed to break the current deadlock and determine the subsequent trend. For short-term strategies, it is recommended to primarily focus on short positions, with long positions as a supplement.
Bitcoin, short at 87800-88500, if it doesn't break 85000, you can go long. Aunt is synchronized #BTC