After the market rose to 65,000 yesterday, the selling pressure was strong from above, and it finally succumbed to pressure and fluctuated downward. So far, the lowest price has reached around 62,657.
From the four-hour level, the Bollinger Bands are shrinking. The BTC price has been fluctuating near the middle line and the upper line before a certain retracement. There are also frequent long-term conversions, and the oscillation pattern will continue.
The EMA is diverging downward and is in a sticky state at any time. Overall, it is still expected to fluctuate and consolidate. However, due to the suppression of the upper line, the strength of this line. The rebound is weak and still needs to be called back in the short term.
Suggested action: buy in the 62600-62800 area, target is around 63700-64000
Have a nice day everyone
Let's exchange kban o.587..z67..699
