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BTC morning thoughts $BTC $ETH
Technical analysis: In the short-term hourly chart, the Bollinger Bands show a downward opening pattern. Although the price has rebounded by over 4000 points, it continues to operate in the middle-lower band area; the upper middle band is slowly moving downwards, and the rebound strength is continuously weakening, indicating an overall downward trend for the day.
- Operation suggestion: Focus on short positions
It is recommended to enter a short position in the range of 110300-110000, with key attention on the range of 108800-109800 below.