From the 4-hour chart perspective, the Bollinger Bands are rapidly narrowing at high levels. Bitcoin has plunged from the upper band, pierced through the middle band, and solidified its position below it. This movement basically signals that the short-term uptrend has run its course — the trend reversal signals are quite clear. Meanwhile, the KDJ three lines are approaching the oversold critical point, indicating that the bears have taken full control of the initiative. However, technical rebound momentum is also building.
In terms of current strategy, high resistance levels remain the primary direction, and rebounds can be considered as opportunities to add positions.
Specific reference levels:
$BTC: Resistance at 91300-91800 level, support below at 90200-89400 range
$ETH: Under pressure at 3180-3200, with support below at 3130-3100
Short-term volatility remains significant, so precise timing is key.
#MSCI未排除数字资产财库企业纳入范围 Thursday Midday Technical Overview:
From the 4-hour chart perspective, the Bollinger Bands are rapidly narrowing at high levels. Bitcoin has plunged from the upper band, pierced through the middle band, and solidified its position below it. This movement basically signals that the short-term uptrend has run its course — the trend reversal signals are quite clear. Meanwhile, the KDJ three lines are approaching the oversold critical point, indicating that the bears have taken full control of the initiative. However, technical rebound momentum is also building.
In terms of current strategy, high resistance levels remain the primary direction, and rebounds can be considered as opportunities to add positions.
Specific reference levels:
$BTC: Resistance at 91300-91800 level, support below at 90200-89400 range
$ETH: Under pressure at 3180-3200, with support below at 3130-3100
Short-term volatility remains significant, so precise timing is key.