April 15 Morning

From the 1-hour BOLL Bollinger Band pattern, after the surge to the 76,009 high point, it has effectively broken below the middle band and continued to face downward pressure, the short-term bullish structure is completely broken, and the trend has turned bearish; the upper band acts as a strong resistance, with rebounds quickly falling back, clearly dominated by the bears.

Since the price retreated from the high, consecutive bearish candles with increased volume, and rebounds with no volume, the bullish counterattack strength continues to weaken; although the lower band provides temporary support, the Bollinger Bands are narrowing downward and arranged in a bearish pattern, making support very weak and easily broken. Overall, it is in a technical pullback cycle after a high-level stagnation, with the core rhythm being to short on rebounds. If it breaks below the lower band again, it will accelerate downward and open up deeper correction space.

Rebound between 74,600—75,300, gradually enter short positions, target 72,500—73,500, $BTC $ETH ‌#WCTC交易赛瓜分800万USDT #Gate13周年