#BTC is currently oscillating within the 8h Bollinger Bands parallel channel, gradually narrowing into an ascending triangle pattern. The probability of an upward breakout is higher. It is recommended to wait until this triangle pattern forms a clear direction before positioning on the right side.
- From the 1h Bollinger Bands trend, it is now beginning to shift into an upward pattern supported by the lower band. Whether this can continue depends on whether it can break through and stabilize above 70k.
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#BTC is currently oscillating within the 8h Bollinger Bands parallel channel, gradually narrowing into an ascending triangle pattern. The probability of an upward breakout is higher. It is recommended to wait until this triangle pattern forms a clear direction before positioning on the right side.
- From the 1h Bollinger Bands trend, it is now beginning to shift into an upward pattern supported by the lower band. Whether this can continue depends on whether it can break through and stabilize above 70k.