$BTC Earlier this morning I made it clear: the four-hour Bollinger middle rail is the boundary between bulls and bears. Once it is effectively broken down below 636, the chart will enter a sustained pullback!

Right now, the market is moving straight down as expected, with the low probing 635, and it just stepped into the support zone at the lower band of the hourly chart.
Although the short-term breakdown below the middle rail signals weakness, the overall larger picture is still bullish. The lower band’s support strength is showing—Silk Road has directly switched to low-long, and this technical rebound is a chance to take a good bite.
In a ranging market, don’t blindly chase shorts. When price drops to the lower band, that’s a short-term long opportunity. Let small profits add up—keep position sizing a bit lighter, and watch out for geopolitical news to stab the market!