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Bitcoin from the 4-hour chart perspective, the Bollinger Bands are narrowing and flattening, with the upper and lower bands firmly locking in the consolidation range, showing no clear directional trend, only suitable for range high selling and low buying, strictly prohibited from chasing or gambling on a single direction. Short-term moving averages are intertwined and close together, with no obvious bullish or bearish signals, and the market is in a sideways grinding state; when facing resistance on the upside, it encounters selling pressure and pulls back, while support levels are quickly bounced off after testing. The chart pattern is clear: when the upper resistance is touched and cannot be effectively broken through, it is best to sell high; when the lower support is tested and not broken, it is best to buy low in line with the trend.
Overall direction: Range-bound with a slight bullish bias
Key support: 80,000 / 790
Key resistance: 820 / 840
Trading suggestions:
BTC should be traded cautiously around the 805—815 range, with high selling and low buying, patiently waiting for a breakout before following the new trend. $BTC #比特币波动