Bitcoin Technical Structure
Moving Average System:
Short to medium-term moving averages show significant pressure, with prices below all EMAs.
EMA5 crosses below EMA10 and EMA20, forming a continuous bearish arrangement.
Bollinger Bands (BOLL):
The lower band continues to move downwards, with prices touching the lower band multiple times but not effectively rebounding, indicating that downward momentum still exists.
The middle band is far from the price, and there is short-term repair space, but the main trend is still downward.
Trading Volume (VOL):
After a volume increase and decline, the rebound volume is clearly insufficient, showing a bearish dominance.
Strategy Suggestions (Mainly Short-term) Trend Direction: Bearish
Short Selling Range: 108,800~109,600$BTC #厂长布林带之神
