#Solana行情走势解读 Saturday Morning Technical Analysis of Bitcoin and Ethereum
Since Bitcoin dropped from the high of 94,700, it has been consolidating over the past couple of days. The key point is that it broke below the middle band of the Bollinger Bands—which is still somewhat significant in the short term. Although there was a rebound last night, it was somewhat weak, and now it’s being held down again by the middle band.
Looking at the 4-hour chart, the Bollinger Bands have completely broken below the middle band, with the price oscillating between the middle and lower bands. More importantly, both the upper and middle bands are sloping downward, indicating a classic bearish alignment. During the decline, trading volume did not significantly increase, suggesting that the selling pressure isn’t particularly fierce. During the rebound, volume also failed to pick up, showing that the buyers are somewhat lacking in momentum.
Therefore, the short-term outlook remains bearish, but considering the relatively quiet weekend market, it’s suitable for short-term trading strategies. $BTC around 90,800, look towards 89,000; $ETH near 3,100, watch for 3,050. $BNB also keep an eye on it.
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EternalMiner
· 13h ago
Bollinger Bands are so weak once they break below the middle band, buyers are really unmotivated.
Always bearish and unable to escape the weekend market, is it that I'm inexperienced or the market is cold?
Can we hold the 89,000 level? It feels like there's still hope.
I'll buy in when ETH drops to 3050, but what does this rebound volume indicate?
Weekend trading is indeed easy to get caught, I'll still wait and see.
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TradFiRefugee
· 01-12 05:16
The middle band of the Bollinger Bands has broken, this wave is indeed a bit weak.
The rebound lacks volume, the buyers are really lacking strength. Playing short-term trades over the weekend is still a gamble worth trying.
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SchrodingerWallet
· 01-10 05:09
The Bollinger Bands have been broken again and again, it's really annoying how weak the rebounds are every time.
Alright, let's just do some short-term trading over the weekend, anyway, there's nothing else going on.
Can 88,000 hold? That's the key.
ETH is a bit weak in this wave, feels like it still needs to continue downward.
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PensionDestroyer
· 01-10 05:05
The Bollinger Bands are about to touch the lower band again. The weekend market really calls for a gamble.
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SignatureCollector
· 01-10 05:03
The Bollinger Bands are about to be pierced again. Can we stop messing around this weekend?
#Solana行情走势解读 Saturday Morning Technical Analysis of Bitcoin and Ethereum
Since Bitcoin dropped from the high of 94,700, it has been consolidating over the past couple of days. The key point is that it broke below the middle band of the Bollinger Bands—which is still somewhat significant in the short term. Although there was a rebound last night, it was somewhat weak, and now it’s being held down again by the middle band.
Looking at the 4-hour chart, the Bollinger Bands have completely broken below the middle band, with the price oscillating between the middle and lower bands. More importantly, both the upper and middle bands are sloping downward, indicating a classic bearish alignment. During the decline, trading volume did not significantly increase, suggesting that the selling pressure isn’t particularly fierce. During the rebound, volume also failed to pick up, showing that the buyers are somewhat lacking in momentum.
Therefore, the short-term outlook remains bearish, but considering the relatively quiet weekend market, it’s suitable for short-term trading strategies. $BTC around 90,800, look towards 89,000; $ETH near 3,100, watch for 3,050. $BNB also keep an eye on it.