On the 4-hour chart, BTC has completed three consecutive bullish candles followed by two consecutive bearish candles retreating. However, the Bollinger Bands remain open upwards, and the price is still oscillating at a high level, with the bullish dominance unshaken. The 1-hour chart has experienced five consecutive bearish candles, moving down to near the middle band of the Bollinger Bands, supported by the middle band. The downward momentum is weakening, and the overall upward structure is still intact.
It is recommended to enter long positions in the 110000 range, with targets around 111300 and 112700! #Gate上线Ondo专区现货交易#
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9.4 Afternoon BTC Analysis:
On the 4-hour chart, BTC has completed three consecutive bullish candles followed by two consecutive bearish candles retreating. However, the Bollinger Bands remain open upwards, and the price is still oscillating at a high level, with the bullish dominance unshaken.
The 1-hour chart has experienced five consecutive bearish candles, moving down to near the middle band of the Bollinger Bands, supported by the middle band. The downward momentum is weakening, and the overall upward structure is still intact.
It is recommended to enter long positions in the 110000 range, with targets around 111300 and 112700! #Gate上线Ondo专区现货交易#