At the 4-hour level, it has encountered strong resistance from the upper Bollinger Band and moving average. There was a top-bottom reversal position previously, and it is expected to test around 88800 several times. Overall, it is still a bullish trend, and some positive news has been digested; the remaining impact may need to wait until the afternoon to evening European and American sessions. The pressure zone is between 88800 and 93000.
BTC trading suggestion: 86500-87800 If there is a significant pullback, consider adding to the position. The target is initially set at 90000-91200.
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Tuesday BTC Morning Analysis:
At the 4-hour level, it has encountered strong resistance from the upper Bollinger Band and moving average. There was a top-bottom reversal position previously, and it is expected to test around 88800 several times. Overall, it is still a bullish trend, and some positive news has been digested; the remaining impact may need to wait until the afternoon to evening European and American sessions.
The pressure zone is between 88800 and 93000.
BTC trading suggestion: 86500-87800
If there is a significant pullback, consider adding to the position.
The target is initially set at 90000-91200.