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11.20 midday analysis:
The BOLL band for Bitcoin on an hourly basis continues to expand, with short-term market volatility soaring to high levels! After a wave of increases, it has been oscillating and consolidating below the upper band, repeatedly testing the upper band pressure but failing to achieve an effective breakout.
This pattern clearly signals a reduction in bullish momentum at high levels and a weakening of upward strength.
The pancake reversal is around 92800—93500.
Looking below 90000, if it breaks, look down to 88000.
The second pancake counter-trend near 3050—3120.
Looking down near 2950, if it breaks, look down to 2850. $BTC $ETH #比特币行情观察