The four-hour level shows a "two bearish engulfing" pattern, with the price center steadily moving upward along the moving average, exhibiting a piling volume characteristic. The MACD has crossed above the zero axis and continues to rise, clearly indicating a bullish dominance. However, the one-hour cycle has temporarily entered a consolidation phase, with the price encountering previous highs and pulling back under pressure. The Bollinger Bands are narrowing, and the RSI is oscillating in a neutral manner. The current consolidation serves as a signal for trend accumulation, primarily focusing on buying on dips in the morning. The Bitcoin range of 90900—90500 can be used to position for a rebound, with a target around 92500. In the range of 2990—2960, you can consider laying out [哆箪], with a target around 3100.
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Traveler's Morning Analysis
The four-hour level shows a "two bearish engulfing" pattern, with the price center steadily moving upward along the moving average, exhibiting a piling volume characteristic. The MACD has crossed above the zero axis and continues to rise, clearly indicating a bullish dominance. However, the one-hour cycle has temporarily entered a consolidation phase, with the price encountering previous highs and pulling back under pressure. The Bollinger Bands are narrowing, and the RSI is oscillating in a neutral manner. The current consolidation serves as a signal for trend accumulation, primarily focusing on buying on dips in the morning.
The Bitcoin range of 90900—90500 can be used to position for a rebound, with a target around 92500.
In the range of 2990—2960, you can consider laying out [哆箪], with a target around 3100.