In the current market, the Bollinger Bands are running above the middle track, showing that the strength of the market bulls is gradually increasing. Although there are signs of stabilization, the green column of the MACD indicator below has begun to shrink, indicating that the market's downward momentum is weakening. At the same time, the Bollinger Bands are closing, indicating that market volatility is decreasing, which usually means that the market is looking for a new balance point.

In the recent trend, the market started upward from the edge of the lower track of the Bollinger Bands, showing that the market is gradually getting rid of the bottom support and climbing upward. Although there have been many pullbacks after hitting the high point of 67,400, this does not mean that the short structure has been established. On the contrary, this may be that the market is testing the bottom support and confirming its effectiveness. At the same time, all indicators are showing an upward volume posture, which shows that market sentiment is gradually improving, and the evening is dominated by bulls.

#Megadrop #ETH #BTC #新币挖矿 #山寨币热点

For more detailed bull market strategy market analysis! Get real-time information in advance, click on my avatar,

Follow me.

My bull market strategy and insider information about the cryptocurrency world are shared with all my fans for free!