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Weekend analysis for 5.24 $BTC in the morning
After the箜 order reached 74,500 yesterday, I observed the market stabilizing and decisively bought the dip. Currently, the哆 order has gained over 2,000 points of space. I want to especially thank Lao Te for his assistance. Let's take another look at the current market situation.
Currently, the Bollinger Bands (20, 2.0): the middle band at around 76,712.9 is the short-term support and resistance dividing line; the current price is oscillating below the middle band; the upper band at 78,835.1 corresponds to the previous high of 78,180 as a strong resistance zone; the lower band at 74,590.6 is a key support below.
The Bollinger Bands are narrowing, and after bouncing off the lower band, the price has retreated to test the middle band, indicating a repair phase after a decline.
A personal suggestion from Yifan: target around 76,300-75,500 when箜 is near 77,800-78,500. #BTC #ETH #BTC走势分析