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The morning rebound occurred as expected, with the 1.6K level serving as a perfect low-key target. Currently, it is oscillating within a wide range around 9.28W.
On the four-hour chart, the Bollinger Bands are showing a trend of flattening and narrowing. The offensive and defensive lines are turning downward, currently around the mid-line. The next step is to observe whether it stabilizes above the mid-line to determine entry.
For entry, buy in the range of 9.2-9.2500, with a target of 9.3500-9.4000. #PI #BTC #ETH