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The 4-hour moving averages are intertwined, Bollinger Bands are flattening, and the MACD indicator has turned positive, indicating that the bulls are attempting a rebound amid consolidation, but the trading volume is insufficient, limiting the rebound strength. The overall market continues to follow a sideways pattern.
Trading suggestion: During Bitcoin's rebound around 92,300-93,200, consider opening long positions with a target of 90,200-89,000!
For altcoins, during a rebound around 3,150-3,180, consider opening short positions with a target of 3,050-2,980!