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10.9 Bitcoin & Ethereum Evening Market Analysis and Trading Strategies
Core Trend Analysis of BTC/USDT
· 4-hour level analysis: After the price hit the high of $124,000, the bullish momentum has significantly weakened, confirming the effective resistance of the upper Bollinger Band. The current K-line is showing a three consecutive bearish candlestick pattern retracing to the mid-band support, with weak short-term rebound momentum. The death cross formed at the high on the MACD indicator is still ongoing, and the green momentum bars continue to expand, reinforcing the bearish signal for the cu
Core Trend Analysis of BTC/USDT
· 4-hour level analysis: After the price hit the high of $124,000, the bullish momentum has significantly weakened, confirming the effective resistance of the upper Bollinger Band. The current K-line is showing a three consecutive bearish candlestick pattern retracing to the mid-band support, with weak short-term rebound momentum. The death cross formed at the high on the MACD indicator is still ongoing, and the green momentum bars continue to expand, reinforcing the bearish signal for the cu







