The true profit-making logic in the crypto world has never relied on luck; it depends on unwavering confidence when the market moves in the opposite direction. Last night's market movement confirmed this point—Bitcoin stopped falling from a low of 90790 and immediately launched a strong rebound, reaching around 92400 in the early trading hours; Ethereum was also not willing to fall behind, stabilizing after a low of 3116 and rising in sync, peaking at 3176. The two mainstream coins resonated and moved upward together.
From a technical perspective, the situation is indeed optimistic. On the daily chart, Bitcoin has already opened five consecutive bullish candles, with a clear upward trend. The price effectively broke through the upper band of the Bollinger Bands, indicating that the bullish forces are being fully released, and the previous consolidation range has been completely broken. The moving average system also shows a standard bullish divergence arrangement, with the market rhythm fully dominated by the bulls.
Although there was a minor retracement on the four-hour chart, the retracement was very weak, and signs of a second upward attack are already emerging. While the upper band of the Bollinger Bands may exert some short-term pressure, the support formed by the continuous upward movement of the middle band is very strong, and the overall bullish pattern has not fundamentally changed. Looking ahead, the probability of continued upward movement is quite high.
From an operational perspective, the core idea is to go long during pullbacks. Bitcoin can look for opportunities around 91500-92000, with a target of 93500; Ethereum can be bought on dips near 3150, with a target of 3250. This bullish pattern has already been established; the key is to stay disciplined and not be frightened by short-term fluctuations.
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NftRegretMachine
· 2h ago
Is it really just relying on confidence? Nice words, but I think most people are relying on the confidence of the little guys.
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FromMinerToFarmer
· 01-05 01:54
Confidence is a nice-sounding word, but in reality, it means holding through the pullback without cutting losses.
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SchrodingerWallet
· 01-05 01:48
Hitting five consecutive bullish candles is quite intense, but when the rebound crashes down, I will still buy the dip. This time is different.
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RugPullAlarm
· 01-05 01:46
On-chain data is the real truth. I need to analyze the flow of large address transactions before making any claims based solely on technical analysis.
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Five consecutive bullish candles and you're excited? First, check whether the inflows and outflows on exchanges are real money or just a fund cycle.
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Is the bottoming at 91,500-92,000? First, find out who was dumping during that low point, check the concentration of funds, and then decide whether to follow.
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This kind of motivational article loves to switch concepts. Claims of unwavering confidence... Come on, confidence without on-chain data support is just gambling.
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Is the Bollinger Band upper band under pressure? I'm more interested in whether large addresses have been secretly building positions these days, and whether the contracts have been audited.
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Talking about technical analysis again. Transfer fee rates and wallet flows are the real distribution of chips; don't be fooled by the candlestick charts.
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What is the source of funds behind this rebound? Check the inflow of stablecoins; otherwise, it's just a false alarm.
The true profit-making logic in the crypto world has never relied on luck; it depends on unwavering confidence when the market moves in the opposite direction. Last night's market movement confirmed this point—Bitcoin stopped falling from a low of 90790 and immediately launched a strong rebound, reaching around 92400 in the early trading hours; Ethereum was also not willing to fall behind, stabilizing after a low of 3116 and rising in sync, peaking at 3176. The two mainstream coins resonated and moved upward together.
From a technical perspective, the situation is indeed optimistic. On the daily chart, Bitcoin has already opened five consecutive bullish candles, with a clear upward trend. The price effectively broke through the upper band of the Bollinger Bands, indicating that the bullish forces are being fully released, and the previous consolidation range has been completely broken. The moving average system also shows a standard bullish divergence arrangement, with the market rhythm fully dominated by the bulls.
Although there was a minor retracement on the four-hour chart, the retracement was very weak, and signs of a second upward attack are already emerging. While the upper band of the Bollinger Bands may exert some short-term pressure, the support formed by the continuous upward movement of the middle band is very strong, and the overall bullish pattern has not fundamentally changed. Looking ahead, the probability of continued upward movement is quite high.
From an operational perspective, the core idea is to go long during pullbacks. Bitcoin can look for opportunities around 91500-92000, with a target of 93500; Ethereum can be bought on dips near 3150, with a target of 3250. This bullish pattern has already been established; the key is to stay disciplined and not be frightened by short-term fluctuations.