8.13 Inkstone Autumn Morning Market Analysis



From the hourly Bollinger Bands perspective, the current channel is showing a gradual expansion trend, indicating that the short-term market volatility space is expected to further increase.

Previously, the price continued to run closely along the upper band, reflecting that short-term bullish momentum had dominated, with certain pressure existing near the upper band. As the market progressed, the price gradually retreated to the vicinity of the middle band, indicating that the bulls are consolidating and gaining strength.

Operation suggestion:

- You can go long on Bitcoin in the range of 119100-118700, targeting the area of 120300-121200.
- The two pancakes can be done around the range of 4560-4510, targeting 4630-4710 #比特币市值超越亚马逊# .
BTC2.58%
ETH2.08%
View Original
post-image
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)