Browsing: Bollinger Bands

Technical analyst John Bollinger identifies potential ‘W’ bottom patterns in Ether and Solana charts, suggesting a major market move could be imminent, while Bitcoin continues its range-bound consolidation amid expanding volatility and key technical level tests.

A rare oversold signal in Bitcoin, driven by short-term holders, suggests a potential market bottom at $107K, with historical precedents indicating rebounds. Technical indicators and on-chain data support a bullish outlook, though macroeconomic and regulatory factors add complexity, emphasizing the need for cautious optimism in current market conditions.