From the Bollinger Band chart, today’s big pancake (BTC/major coin) is likely to trade in a range with choppy consolidation.
Resistance above is 838‑840, with a hard resistance at 847. Only if the price holds above 847 for an hour can it be considered a short-term bottoming sign. The first support below is 817, with strong support at 795.
Price will keep tugging back and forth within the range. If it attempts to rise but meets resistance, and it can’t stand above 847, then the market will remain weak and keep ranging; only an effective hold above 847 can shift the行情 toward a range recovery.
Indicators are just beginning to show signs of turning, but bullish strength is insufficient—today it’s hard to see a one-way surge. As long as 817 isn’t broken, a sustained selloff won’t be triggered.
Stay patient if you’re in cash and wait for signals. If you’re holding a short position, you can reduce it gradually by selling into rebounds. 847 is the key line dividing strength and weakness on today’s chart.
#币安将上市Hyperliquid(HYPE) #美国拟推动美元稳定币海外使用 #美债10年期收益率创19年新高 #比特币现货ETF四日流入23.1亿美元 #比特币两度受阻87300美元
Resistance above is 838‑840, with a hard resistance at 847. Only if the price holds above 847 for an hour can it be considered a short-term bottoming sign. The first support below is 817, with strong support at 795.
Price will keep tugging back and forth within the range. If it attempts to rise but meets resistance, and it can’t stand above 847, then the market will remain weak and keep ranging; only an effective hold above 847 can shift the行情 toward a range recovery.
Indicators are just beginning to show signs of turning, but bullish strength is insufficient—today it’s hard to see a one-way surge. As long as 817 isn’t broken, a sustained selloff won’t be triggered.
Stay patient if you’re in cash and wait for signals. If you’re holding a short position, you can reduce it gradually by selling into rebounds. 847 is the key line dividing strength and weakness on today’s chart.
#币安将上市Hyperliquid(HYPE) #美国拟推动美元稳定币海外使用 #美债10年期收益率创19年新高 #比特币现货ETF四日流入23.1亿美元 #比特币两度受阻87300美元
