On a four-hour timeframe, the price is still stable above the lower Bollinger Band; no sustained weakening has appeared. The lower band support remains effective. At present, this is consolidation after a big drop: bearish volume continues to shrink, and the short-term sell-off momentum has weakened. Before a new low is broken, as long as the lower band is not effectively breached, the bulls still have room to repair and rebound; the first area to watch on the upside is around the middle band. In terms of trading, you may consider entering a light long position near the lower band, focusing on whether price can hold above the short-term moving averages to complete a chart reversal.


$BTC $ETH $SOL #GateCard消费返现最高8% #长鑫开盘跌7.7% #Bitmine持有578万枚ETH
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LikeMaple
· 25m ago
Will it go down?
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