From the hourly Bollinger Bands perspective, the channel currently shows a horizontal convergence pattern, with the upper, middle, and lower bands almost running parallel horizontally, indicating that market volatility is low in the short term and the market is in a consolidation state. It is worth noting that the current price is gradually deviating from the middle band of the Bollinger Bands. Although this deviation is not large, it has already hinted that the forces of bulls and bears are quietly breaking the balance, and the market may be brewing the next directional choice. BTC: 119000-119500 to enter, target to look down at 116500 ETH: Enter the range 3720-3750, target looking down at 3600#Gate ETH十周年回馈
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7.25BTCETHmidnightthoughts
From the hourly Bollinger Bands perspective, the channel currently shows a horizontal convergence pattern, with the upper, middle, and lower bands almost running parallel horizontally, indicating that market volatility is low in the short term and the market is in a consolidation state. It is worth noting that the current price is gradually deviating from the middle band of the Bollinger Bands. Although this deviation is not large, it has already hinted that the forces of bulls and bears are quietly breaking the balance, and the market may be brewing the next directional choice.
BTC: 119000-119500 to enter, target to look down at 116500
ETH: Enter the range 3720-3750, target looking down at 3600#Gate ETH十周年回馈