Evening posture also attempts to continue downward exploration without success, not breaking the previous low of 2911, maintaining a sideways trend. The main Bitcoin (大饼) also moves downward, reaching a low of around 86,700 before starting to rebound. The rebound peaks around 88,100 before entering a sideways operation, currently around 87,100. From the 4-hour trend, after the price quickly rebounds from the lower Bollinger Band, the lower band forms an effective strong support, and the price returns to the Bollinger Band range. After breaking through the previous high resistance at $90,400, this retracement did not break the key support level. In the morning, continue to observe whether the posture at 2900 can further break down; if it breaks, the downward view remains dominant. Keep an eye on whether the main Bitcoin (大饼) at 86,760 is broken; otherwise, do not act lightly.
DuoDuan Silk Road Morning: around 86,200 to 86,700, watch 87,800 to 88,500 Morning: around 2,880 to 2,910, watch 2,960 to 2,990
KongDuan Silk Road Main Bitcoin (大饼) can be around 87,800 to 88,500, look down to 86,000 to 85,800 Posture can be around 2,960-2,940, look down to 2,900-2,850
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.
Silk Road and Suggestions
Evening posture also attempts to continue downward exploration without success, not breaking the previous low of 2911, maintaining a sideways trend. The main Bitcoin (大饼) also moves downward, reaching a low of around 86,700 before starting to rebound. The rebound peaks around 88,100 before entering a sideways operation, currently around 87,100. From the 4-hour trend, after the price quickly rebounds from the lower Bollinger Band, the lower band forms an effective strong support, and the price returns to the Bollinger Band range. After breaking through the previous high resistance at $90,400, this retracement did not break the key support level. In the morning, continue to observe whether the posture at 2900 can further break down; if it breaks, the downward view remains dominant. Keep an eye on whether the main Bitcoin (大饼) at 86,760 is broken; otherwise, do not act lightly.
DuoDuan Silk Road
Morning: around 86,200 to 86,700, watch 87,800 to 88,500
Morning: around 2,880 to 2,910, watch 2,960 to 2,990
KongDuan Silk Road
Main Bitcoin (大饼) can be around 87,800 to 88,500, look down to 86,000 to 85,800
Posture can be around 2,960-2,940, look down to 2,900-2,850