In the early hours, the price comparison fluctuated downward, then entered a consolidation phase until recently when the bears strongly increased their volume, breaking the low repeatedly, with the lowest point dipping to the 92666 position. The Ethereum market is slightly different, with the price comparison oscillating around a wide range. During this period, there was a test of the lower support level, but the volume was effective and it could not break through. Currently, the price comparison has slightly warmed up, but the upward volume is obviously insufficient.

From the current market perspective, in the four-hour chart, the Bollinger Bands channel has clearly expanded. After breaking above 3500, the price comparison experienced a second peak, then retraced to the key support area. The lower support first focuses on the EMA15 and the middle track of the Bollinger Bands. If this support fails, further attention needs to be paid to the support situation in the overlapping area of EMA30 and MA30. This could form a double bottom technical pattern with the low point from the previous night. Technical indicators show that the bear volume has not yet ended, and in the short term, it may indicate a larger bearish move, with bearish strength currently dominating. Given this, we will follow the trend and first look for a pullback.

Short on Bitcoin 93300-93600, target around 91500.

Short on Ethereum 3420-3450, target around 3260. #NOT市场动态 #比特币关键区间 #GameFi板块信号