Today's market is full of ups and downs. It rapidly declined in the morning, surged during the European session, and retreated after the US session, especially the 'Yitai' (仪态), which suddenly turned into waste.
Bitcoin and SOL are relatively strong, while the weakness in 'Yitai' has dragged down other cryptocurrencies. 'Yitai' has directly given back the entire gain from the European session, and after breaking below the middle BOLL line on the four-hour chart, the upward momentum is weak. If it cannot quickly stabilize above the 4500 mark, it may face a second dip.
Bitcoin: Above 11.33, looking down towards around 11.1
The Bitcoin market posture is relatively stable, currently in a tug-of-war around the 11.3/4600 level, which can serve as a short-term weak bullish-bearish boundary. After all, this wave of rebound in the four-hour chart has not yet completely finished, unless a solid bearish candle retraces the previous gains. Tonight, it will either pull back low and then move upwards, or rise high and then drop, depending on which direction the market tends to favor first. After all, in the absence of a breakdown, we are currently in an adjustment phase, but the overall bearish outlook remains unchanged, with continued attention on resistance around the 11.4/4660 level. Big pie: 11.2-11.25 area light long, aiming for around 11.4 million Posture: 4500-4530 area up, aiming for around 4650-4580#BTC#ETH走势分析