#数字资产行情上升 Looking at the 4-hour K-line of $BTC, it is currently stuck at the 90500 level, repeatedly testing and grinding against it, closely hugging the lower Bollinger Band. The Bollinger Band pattern is quite interesting—while the middle band is moving downward, the upper band is drifting upward. This open-mouth shape usually indicates that the bears are still in control, and there may be further downside space below.

Looking back at this market movement, after Bitcoin surged to around 94700, it started a continuous decline. When it broke below the middle band, it accelerated its weakening. Although there were some rebounds during this period, the overall trend did not change. By analyzing the candlestick patterns, it’s clear—there are more bearish candles than bullish ones, and their bodies are quite large, indicating that the bears have indeed been exerting pressure during this period.

However, there is a detail worth noting: recently, the volume of these few bearish candles has significantly decreased, and the downward momentum has slowed considerably. This suggests that the market may be entering a consolidation phase.

The subsequent trading logic depends on how the 90000 level performs. If this level is broken, we need to watch whether there is support in the 89000-88500 range. Conversely, if 90000 can hold, a rebound towards around 91500 is also possible. Also, don’t forget to keep an eye on Ethereum, as the 3100 level is a key reference point for short-term bulls and bears.