$BTC Tonight market momentum is very likely to treat the extreme high level at 845–85 as resistance. The support below is being squeezed step by step. The 4-hour Bollinger lower band curling upward needs to be pushed to flatten out or even bend downward to force deformation.
This aligns with my earlier analysis: the overflow at 85 extreme and 87 should lead the market to drop to 836, 822, 816, 8, 795, and the 78 extreme low. The main reason is still to repair long-term indicators and weekly indicators—also known as the pullback consolidation phase within an uptrend.
The past few days’ price action has all confirmed that the original analysis and predictions were correct.
This aligns with my earlier analysis: the overflow at 85 extreme and 87 should lead the market to drop to 836, 822, 816, 8, 795, and the 78 extreme low. The main reason is still to repair long-term indicators and weekly indicators—also known as the pullback consolidation phase within an uptrend.
The past few days’ price action has all confirmed that the original analysis and predictions were correct.
