Today's coin price continued the previous pullback trend with continuous downward probes, with the low point also synchronously breaking through the 91,000 level. The current pullback rhythm of the price ratio has not yet ended, which also indirectly indicates that the recent market movement pattern is still continuing the previous rhythm characteristics, and the process of pulling and gaming is intensifying and continuing.
For Bitcoin's four-hour chart, after the price fell below the middle band, it once again showed four consecutive bearish candles probing downward toward the support at the lower band. The continuous long lower shadows in the K-lines indicate that there is no strong support below the 91,000 level near the lower band. Currently, the MACD histogram shows that the bearish side still dominates the market, and the Bollinger Bands opening shows signs of further expansion. If the price breaks down through this support level in the subsequent market, the price will further probe downward.
For the short-term hourly chart, after the price rapidly probed downward with continuous bearish candles and touched the lower support, it has now shown some rebound correction. The price continues to oscillate around the 90,000 level, and the continuous downward probes have also wiped out most of the previous rally space. Currently, the MACD histogram at the hourly level shows a continuous weakening trend, so the lower support level has no possibility of a breakthrough in the short term.
Short-term operation strategy remains bearish on rebounds. Recommendations: - For Bitcoin, short around 91,200, watch 90,000 level - For Ethereum, short around 3,150, watch 3,000 level
Today's coin price continued the previous pullback trend with continuous downward probes, with the low point also synchronously breaking through the 91,000 level. The current pullback rhythm of the price ratio has not yet ended, which also indirectly indicates that the recent market movement pattern is still continuing the previous rhythm characteristics, and the process of pulling and gaming is intensifying and continuing.
For Bitcoin's four-hour chart, after the price fell below the middle band, it once again showed four consecutive bearish candles probing downward toward the support at the lower band. The continuous long lower shadows in the K-lines indicate that there is no strong support below the 91,000 level near the lower band. Currently, the MACD histogram shows that the bearish side still dominates the market, and the Bollinger Bands opening shows signs of further expansion. If the price breaks down through this support level in the subsequent market, the price will further probe downward.
For the short-term hourly chart, after the price rapidly probed downward with continuous bearish candles and touched the lower support, it has now shown some rebound correction. The price continues to oscillate around the 90,000 level, and the continuous downward probes have also wiped out most of the previous rally space. Currently, the MACD histogram at the hourly level shows a continuous weakening trend, so the lower support level has no possibility of a breakthrough in the short term.
Short-term operation strategy remains bearish on rebounds. Recommendations:
- For Bitcoin, short around 91,200, watch 90,000 level
- For Ethereum, short around 3,150, watch 3,000 level