Can Bitcoin recover the 90,000 mark tonight? The speeches of senior Federal Reserve officials are the key!

Bitcoin fell slowly last night and continued until this morning, with a low around 87,500 before a pullback for correction. During the day, it rebounded back to the 90,000 mark, facing pressure and moving sideways, oscillating until now. This level is a transitional zone for bulls and bears; whether it's a previous pullback or a future rebound, this area has been quite controversial. Morning analysis indicates that the rebound in this area is one of the resistances, which will encounter pressure, and this is reflected in the current price drop.

From a technical perspective, the lower Bollinger band on the daily chart for Bitcoin is in the 88,000 to 87,500 region, which is a key support area to watch tonight. As for the upper 90,000 mark and the downward-moving upper band around 91,200 on the four-hour chart, these are the resistance areas to pay attention to tonight.

As for Ethereum, the volume has decreased, and the upper band on the four-hour chart has narrowed to 3,180, while the upper band on the daily chart has shrunk to 3,300, which are short-term resistances to be aware of. The lower band has moved up to 3,050, which is a short-term support to keep an eye on.

Whether it's Bitcoin or Ethereum, the entire range is further narrowing, as mentioned in the weekend analysis; the market change will occur within this week's data trends.

During the evening session, the speeches of several senior Federal Reserve officials will have a significant impact on the market. Pay attention to how the information during the speeches affects the stock market and Bitcoin's price movements. #比特币走势分析 #ETH走势分析