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3.12 Morning BTC Analysis
The middle band of the Bollinger Bands is around 69,800, the upper band is 72,000, and the lower band is 67,800; the price is oscillating near the middle band, the Bollinger Bands are narrowing, indicating a sideways trend. MA5/10 are flat, and MA30 is at 69,300 providing support; short-term moving averages are converging, the trend is unclear. The KDJ indicator has fallen back to around 50, after a dead cross at a high level, it is recovering, indicating a bearish bias but no breakdown.
Trading suggestion: Range around 70,300-70,800, target 69,000
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#原油价格回落 #Circle股价上涨5%