Last night, Bitcoin touched a low of 90,790 and quickly rebounded, reaching a high of 92,108 during the early session, with a significant rebound. Ethereum performed similarly, falling to 3,117 at midnight before stabilizing and then rising to around 3,162.
From the daily chart perspective, the market has seen five consecutive bullish candles, breaking above the upper Bollinger Band, indicating strong bullish momentum. All moving averages are trending upward and diverging, clearly showing a bullish control. On the four-hour chart, after a rally, the retracement has been limited. Currently, the price is again on the rise. Although facing resistance at the upper Bollinger Band, the middle band continues to rise, suggesting the bullish trend remains intact, and further upward movement is likely.
In terms of trading strategy, we can consider buying on dips. For $BTC, consider going long around 91,000, targeting the 93,000-93,500 range; for $ETH, enter near 3,100, with a target around 3,250.
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DataOnlooker
· 01-06 15:36
Five consecutive bullish candles breaking the Bollinger Bands, this move is indeed something special.
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TerraNeverForget
· 01-05 15:49
Another five consecutive bullish days, is this time really going to break a new high?
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PaperHandsCriminal
· 01-05 01:17
So what if there are five consecutive bullish candles? I saw that last time too, and it got smashed through in the end.
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SchrodingerWallet
· 01-05 01:10
Still hesitating after five consecutive bullish candles? Just go straight to 91,000, isn't that enough?
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ImpermanentLossFan
· 01-05 01:04
Five consecutive bullish days, is it about to take off again? Let's see if it can break through 93,000 this time. Anyway, my holdings are already dead, so I'm just watching the show.
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NFTArchaeologist
· 01-05 01:03
Five consecutive bullish candles take off directly, I like this rhythm
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DiamondHands
· 01-05 00:53
Breaking through the Bollinger Bands with five consecutive bullish candles, this move is quite interesting.
#数字资产动态追踪 Bitcoin Opening Outlook for Monday
Last night, Bitcoin touched a low of 90,790 and quickly rebounded, reaching a high of 92,108 during the early session, with a significant rebound. Ethereum performed similarly, falling to 3,117 at midnight before stabilizing and then rising to around 3,162.
From the daily chart perspective, the market has seen five consecutive bullish candles, breaking above the upper Bollinger Band, indicating strong bullish momentum. All moving averages are trending upward and diverging, clearly showing a bullish control. On the four-hour chart, after a rally, the retracement has been limited. Currently, the price is again on the rise. Although facing resistance at the upper Bollinger Band, the middle band continues to rise, suggesting the bullish trend remains intact, and further upward movement is likely.
In terms of trading strategy, we can consider buying on dips. For $BTC, consider going long around 91,000, targeting the 93,000-93,500 range; for $ETH, enter near 3,100, with a target around 3,250.