# BTC

1.8 Thursday Bitcoin and Ethereum Evening Analysis
In the four-hour analysis, three consecutive bearish candles tested the lower Bollinger Band, indicating a short-term halt in decline. However, the rebound momentum is clearly weak, and the bullish counterattack is feeble. The Bollinger Bands are expanding downward, with the lower band continuing to decline. The resonance support formed by the 90000 integer level and the lower Bollinger Band has been effectively broken. The pullback after the breakdown failed to return to the key support level. Overall, a weak consolidation pattern is evident,

1.9 Friday Bitcoin and Ethereum Morning Analysis
Yesterday, the Bitcoin market showed signs of weakness, with the lowest point reaching around 89,300 during the US trading session. Subsequently, a rebound occurred, and the price has now recovered to around 91,400. After proposing a low-buy strategy yesterday, the market continued to decline, and in the afternoon, a decisive shift to bearish sentiment successfully recovered previous losses. The short-term market remains weak; if a rebound occurs during the day, it is advisable to continue adopting a short-selling strategy.
Bitcoin around 91,500

Thursday, 1.8 Bitcoin and Ethereum Midday Analysis
In the current market trend analysis, the 4-hour chart shows that after a series of consecutive bullish candles, the market is experiencing a pullback. The Bollinger Bands are moving sideways, and the red energy bars continue to increase, providing momentum for a downtrend. In the short term, the bears still dominate. Observing the 1-hour chart, during the early morning hours, the market tested the bottom and formed a doji pattern, with some oscillation and slight upward correction, but lacking enough momentum to form an effective reversal. Th

Friday, 1.9 Bitcoin and Ethereum Early Morning Analysis
In the short-term oscillation pattern, although the battle between bulls and bears appears intense, the overall upward trend has been reaffirmed. On the hourly cycle, the Bollinger Bands' three lines are moving upward in sync, clearly indicating that the bullish momentum is continuously strengthening.
Bitcoin around 90,800 looks bullish towards 92,000; Ethereum around 3,080 looks bullish towards 3,200.
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1.8 Thursday Bitcoin and Ethereum Early Morning Analysis
The evening market showed volatility, with Bitcoin's support level expected at 91,200. If this level does not break, the market may remain volatile, making it difficult to generate significant profits. The current market trend appears weak, and it is recommended to wait for a rapid decline in the 90,500-90,000 range, then watch for potential rebound opportunities. The resistance level for a nighttime market rebound is estimated at 93,000. If this level is not broken, the market may continue to stay weak. Only after breaking this level co

1.7 Wednesday Bitcoin and Ethereum Evening Analysis
Bitcoin, after reaching a high of 94,700, has recently experienced a noticeable pullback. From the current trend, the momentum of this rally has weakened and it has failed to stay above the upper band of the Bollinger Bands.
On the four-hour timeframe, it has touched the middle band of the Bollinger Bands and briefly dipped below it. The attack and defense lines of the Bollinger Bands have crossed and turned downward, indicating a possible further downtrend in the short term. The next focus will be on whether the middle band support remains e