#数字资产市场观察 Review of the morning session on December 1st
The overnight narrow fluctuation of BTC was broken, quickly falling from $91,300, with a minimum touching the $87,400 line.
The hourly Bollinger Bands show a clear "funnel expansion": the center of gravity continues to move downwards, the lower band is diverging simultaneously, and the distance between the bands is widening. Currently, bearish momentum is dominant, and the price continues to follow a weak trend along the lower band.
BTC is focusing on resistance levels of 88000 and 88500, with a bearish target in the range of 86000-85400. ETH focuses on resistance levels at 2890 and 2930, with a bearish target in the range of 2780-2720.
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#数字资产市场观察 Review of the morning session on December 1st
The overnight narrow fluctuation of BTC was broken, quickly falling from $91,300, with a minimum touching the $87,400 line.
The hourly Bollinger Bands show a clear "funnel expansion": the center of gravity continues to move downwards, the lower band is diverging simultaneously, and the distance between the bands is widening. Currently, bearish momentum is dominant, and the price continues to follow a weak trend along the lower band.
BTC is focusing on resistance levels of 88000 and 88500, with a bearish target in the range of 86000-85400.
ETH focuses on resistance levels at 2890 and 2930, with a bearish target in the range of 2780-2720.
$SOL $XRP $BNB