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#数字资产行情上升 Thursday midday market observation:
From a technical perspective on the 4-hour K-line chart, the Bollinger Bands have already opened and are rapidly converging. The price has smashed through from the upper band down to below the middle band and stabilized. This trend signal is very clear — the short-term upward momentum has been completely exhausted, and the validity of a trend reversal has been further confirmed.
At the same time, the three lines of the KDJ indicator have already touched the oversold area. Although the bears currently dominate the market, this also means that a technical rebound is gradually building up. From an operational standpoint, you can continue to short near resistance levels; once a rebound occurs, it’s a good opportunity to add to your positions.
Specific price references:
Bitcoin: Bearish in the 91300-91800 range, target around 90200-89400;
Ethereum: Bearish in the 3180-3200 range, target around 3130-3100.
$BTC $ETH