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11.24$BTC $ETH Evening Market Analysis
In the afternoon, it dropped from around 87800 to a low of 85700, showing a short-term unilateral weakening. The Bollinger Bands on the hourly level display a bearish opening pattern, with the upper band remaining stable while the lower band expands downward in sync with the price, indicating accelerated bearish momentum and a weak trend. After the price broke below the middle band, there was no effective rebound, transforming the middle band from support to primary resistance, while the price running along the lower band further confirms the dominance of the bears.
Bitcoin
Operational suggestion, 86500-87200 range
Target looking at, 85000-84500
concubine
Operational advice, 2840-2880 range
Target looks at, 2760-2720