BTC is still oscillating within the 86,000-88,200 range.
Looking at the hourly Bollinger Bands, there's an interesting shift—the previous upward sloping momentum is gradually flattening. The upper band has already leveled off, and the middle and lower bands are maintaining slight upward divergence. This pattern is called "oscillation with bullish bias." What does it mean? It indicates that although the recent upward momentum has paused for now, the bulls haven't fully retreated, and the overall structure within this range still holds strength.
For long positions, consider: - Entering BTC around 85,500-86,500, targeting 89,000-90,000 - Buying ETH near 2,850-2,910, with upside targets of 3,010-3,060
Keep an eye on the correlated movements of $SOL, $XRP, and $BNB.
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4am_degen
· 23h ago
Bollinger Bands flattening means consolidation, bulls still have a chance, enter long-term at 86,500 without loss
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gas_fee_therapist
· 23h ago
A slightly bullish oscillation sounds good, but I don't know which time will be a false breakout again...
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PancakeFlippa
· 12-17 03:20
86000 is really a position that keeps messing with people. The idea of a slightly strong fluctuation sounds good, but I'm still a bit afraid of getting crushed.
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FromMinerToFarmer
· 12-17 03:16
This range has been oscillating for quite a while, I'm almost bored... However, the Bollinger Bands this time do have some substance; the strong oscillation still sounds promising.
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TokenDustCollector
· 12-17 03:13
The Bollinger Bands flattening is indeed a well-known topic; I'm just worried it might be another false signal to trap traders.
#以太坊行情技术解读 12.17 Market Quick Read
BTC is still oscillating within the 86,000-88,200 range.
Looking at the hourly Bollinger Bands, there's an interesting shift—the previous upward sloping momentum is gradually flattening. The upper band has already leveled off, and the middle and lower bands are maintaining slight upward divergence. This pattern is called "oscillation with bullish bias." What does it mean? It indicates that although the recent upward momentum has paused for now, the bulls haven't fully retreated, and the overall structure within this range still holds strength.
For long positions, consider:
- Entering BTC around 85,500-86,500, targeting 89,000-90,000
- Buying ETH near 2,850-2,910, with upside targets of 3,010-3,060
Keep an eye on the correlated movements of $SOL, $XRP, and $BNB.