Yesterday first rose to 1072 and then could not break through, subsequently standing at 1072 for a short pullback. After the rebound, the position looks at 1088 resistance, and if it breaks, then rise again, reaching the upper band of the boll on the four-hour chart, and then turning to fall. The trend is under pressure and pulls back, and then continues to oscillate, with a total of 4800 points during this period. At night, it continued to rise high, and in the morning after pulling back to the support, it stood again, gaining 1700 points. Then it defended at 1072 for a rebound, with an early position gaining 800 points. Therefore, it has always been said that positions close to such support or resistance can revolve around the resistance to rise and the support to fall; if it breaks, it doesn't matter, only superficial, but it is crucial to know whether the support and resistance are correct.

The new week has just begun with a fluctuating range, and the lower support has still not been broken. The Bollinger Bands on the four-hour chart have gone back and forth twice, and on a larger time frame, they are also showing a tightening trend. This indicates a potential trend reversal; "a trend reversal can either be a big bullish surge or a continued fluctuation." After the daily level's contraction, the lower band of the Bollinger Bands is no longer extending downwards, and it is similarly tightening, which makes the continuity of the trend less likely. The lower support is quite solid, having failed to break through three times in a row, which also indicates the possibility of a reversal. Therefore, considering the overall trend, the likelihood of a rebound has increased, leading to a shift to a lower volatility.

Around 108800 to 108400, look near 11300 #九月份加密市场能否突破# #btc# #ETH#