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Details: ht
#币安HODLer空投FF# The technical analysis shows that after a significant fall on the four-hour chart, the price has currently risen above the lower band of the Bollinger Bands, entering a rebound correction phase. However, it is worth noting that this rebound lacks sustained momentum, and the longer sentiment remains low. Various moving average indicators have not yet shown directional change signals, lacking strong support points. The market is still under the control of short positions, and the current rebound appears more like a technical pullback rather than a trend reversal.
Observing the one-hour period, the market shows characteristics of narrow fluctuations, with prices mainly consolidating back and forth within the lower band area of the Bollinger Bands. Reviewing recent trends, it can be seen that each time the longer attempts to rally, they are quickly suppressed by the short positions, unable to form an effective breakout situation. The short-term weak oscillating market pattern continues.