The current market is operating in the middle track area of the Bollinger Bands, with the K-line repeatedly testing the mid-track resistance level. After encountering short-term upward resistance, it shows a pressured pullback oscillation trend—this is a normal trend: after the previous market broke, the panic sentiment has not yet completely dissipated. Even if the short-term rebound touches a key position, the market sentiment still has a lagging effect, so a brief pullback is entirely reasonable.
Evening layout strategy
The low point after the market's retracement and repair is the best time to layout long positions. Friends who have already entered the market following the afternoon strategy can continue to hold patiently, with target prices remaining unchanged:
Bitcoin: Long positions in the 90500-91000 range, targeting 93000
Ethereum: Long positions in the 3000-3030 range, targeting 3200
