#数字货币市场回调 Looking at the 1-hour chart, the Bollinger Bands have been opening downwards, with the middle band and upper band both pressing down. Short positions have firmly taken control. Can the level at 85500 hold? We need to observe further.

The K-line trend is very clear; when it drops, it is always a large bearish candle hitting the market. But during the rebound? Only a few small bullish candles or doji candles appear, just to show some intent, and the bulls have no power to fight back at all. The trading volume cannot pick up either, indicating that the bottom-fishing funds are still observing and not daring to enter the market easily.

From a technical perspective, the Bollinger Bands are opening downwards, with both the middle band and upper band exerting double pressure, making the short-term short positions quite stable. Whether the key support at 85500 can hold indeed requires more verification signals. Under the dominance of this large bearish candle, rebounds only show a weak corrective trend, coupled with persistently low trading volume, it is highly likely that there will be continued weak downward exploration in the afternoon. $BTC