Silk Road on the evening of November 26


In the afternoon, Bitcoin started a downward trend from the 88000 line, touching a low of 86600.
Near the area.
From the hourly Bollinger Bands perspective, when the price breaks below the middle band support accompanied by a short-term increase in trading volume, it indicates that the middle band has effectively transformed from a support level to a short-term resistance level, with bearish momentum temporarily dominating.
After breaking below the middle band, the price did not show an effective rebound but instead continued to probe down to the Bollinger.
Lower bound area.
The large coin is fluctuating around 87500-88000, targeting a downward move to 86000-85500.
The second pancake is hovering around 2950-2990, aiming to see down to 2850-2800.
BTC0.39%
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