Based on the current market analysis, BTC prices continue to fluctuate near the lower Bollinger Band, repeatedly testing the bottom without a significant breakout, indicating strong support below. The candlestick chart shows several long lower wicks, suggesting that bearish momentum is clearly weakening and buying strength at lower levels is gradually increasing. Overall, the market faces significant resistance to further declines, and a technical rebound is likely in the short term.
It is recommended to go long around 89,500–90,000, with initial targets at 92,300 and, if broken, looking up to 94,200. #晒出我的Alpha积分 $BTC
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Based on the current market analysis, BTC prices continue to fluctuate near the lower Bollinger Band, repeatedly testing the bottom without a significant breakout, indicating strong support below. The candlestick chart shows several long lower wicks, suggesting that bearish momentum is clearly weakening and buying strength at lower levels is gradually increasing. Overall, the market faces significant resistance to further declines, and a technical rebound is likely in the short term.
It is recommended to go long around 89,500–90,000, with initial targets at 92,300 and, if broken, looking up to 94,200.
#晒出我的Alpha积分 $BTC