1.13 Bitcoin Auntie’s Morning Market View
At present, the market remains under strong overhead pressure. Every rebound attempt is quickly sold into, highlighting clear weakness on the bullish side. Market momentum has decisively shifted toward bearish control.
From the 1-hour chart perspective, price is fluctuating near the middle Bollinger Band, which acts as a key support zone. If this level fails to hold, bearish momentum is likely to strengthen further, increasing the probability of a continued short-term downside move.
In the current structure, expecting strong rebounds may only result in