$BTC
Market Analysis:
Last night the market experienced a sudden change, and Bitcoin ended its sideways movement around $91,300. A rapid price surge occurred.
From a technical perspective, the K-line Bollinger Bands are showing an opening expansion trend, with the price center continuously moving downwards, causing the lower band to also diverge downwards. The width of the channel has significantly expanded. This pattern clearly indicates that bears are currently dominating the market rhythm, and in the short term, the price is likely to maintain a downward trend along the lower band.
Trading advice: Currently, focus on short positions.
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