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#数字资产市场洞察 Yesterday, Bitcoin's market was still very promising. After surging to around 89,500 in the morning, it started to pull back, dropping all the way down to 84,400 before stopping. Then it rebounded.
From the hourly Bollinger Bands, the channel is continuously expanding, indicating that short-term market volatility is clearly increasing, and the sideways trading characteristic is very prominent. In the three-line structure, a weak expanding pattern has formed with upper band resistance and lower band pulling apart. Although there have been some sideways consolidations after touching the lower band recently, and brief breakthroughs of the middle band, the trading volume did not follow through after the breakout, which shows that the bears still hold the upper hand.
My view is as follows—
BTC: 89,200-88,100 range, with support at 85,400-84,200
ETH: 2,970-3,030 range, with support at 2,840-2,780
Pay attention to the performance of $SOL, $XRP, and $BNB.