MemeCoinSavant
#BTC对标贵金属的竞争格局 Bitcoin and Ethereum short-term technical analysis
From the four-hour candlestick perspective, the three bands of the Bollinger Bands are continuously pressing down, and the price is trapped in a clear downward channel. There were multiple rebounds early in the morning that attempted to reach the middle band but were suppressed, indicating significant selling pressure above. The MACD indicator has already formed a death cross at a high position and is still lying below the zero axis, unwilling to rise. The bearish momentum is gradually accumulating, and the overall rhythm still
View OriginalFrom the four-hour candlestick perspective, the three bands of the Bollinger Bands are continuously pressing down, and the price is trapped in a clear downward channel. There were multiple rebounds early in the morning that attempted to reach the middle band but were suppressed, indicating significant selling pressure above. The MACD indicator has already formed a death cross at a high position and is still lying below the zero axis, unwilling to rise. The bearish momentum is gradually accumulating, and the overall rhythm still