12.11 Intraday Analysis
After the large coin surged past 94500, it entered a continuous downward trend. During this time, there was no effective rebound, and it briefly stopped at around 89300 📉 before the market failed to stabilize and recover.
From the hourly Bollinger Bands perspective, it currently presents a clear trumpet-shaped opening pattern, indicating that market volatility is increasing. At the same time, the middle band and lower band slopes are both trending downwards, with significant signals of a bearish trend. After the decline near 89300, the rebound process has very weak momentum; whether in the prior decline phase or the current consolidation phase, the downward extension of the lower band has consistently been driven downwards, indicating that the short-term support below is continuously weakening, and the bearish trend remains dominant.
Large coin 90700-91300 range, watch 88900-88100
Second coin 3250, 3300 range, watch 3120-3070
