From the four-hour level, Bitcoin shows a three consecutive bullish Rebound, with the price gradually approaching the Bollinger middle band, but there is still ongoing sell pressure near the middle band.

The Bollinger Bands continue to open downward, indicating that the current trend has not yet exited the downward channel. Looking at historical trends, bullish rebounds are often accompanied by strong pullbacks, and the current upward movement still falls within the scope of a technical correction.

On the hourly level, although the market is approaching the upper band with a four consecutive bullish candlestick pattern, the bullish candlestick body is relatively weak, and the rebound strength is limited, failing to effectively recover the previous losses. Before the price breaks through the previous high, the overall structure still leans bearish! #比特币行情观察