A new week begins, and looking back at last week's market performance, Bitcoin gradually entered a high consolidation phase after reaching a new high. This morning's performance was quite strong, with the price repeatedly testing the 92,000 level. The bullish activity remains noteworthy. From the 4-hour chart, the Bollinger Bands maintain an upward structure, with K-lines steadily rising along the upper band. The appearance of consecutive bullish candles further confirms the bulls' control of the market, and the overall upward trend remains intact.
From a trading perspective, following the trend is a more stable approach. However, it's better to wait for the price to retrace and consolidate before entering long positions, which will improve the win rate. In the short term, the 91,000-91,500 range can serve as an entry point for longs, with the upper target set between 93,000 and 94,000.
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AirdropChaser
· 01-08 00:28
Can the key level at 92,000 be broken? It feels like it's still testing repeatedly.
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OnchainHolmes
· 01-07 18:59
92,000 is here again, can it break this time? Feels like we're stuck every time at this point.
Wait for the pullback to re-enter, don't chase the high and get caught, lessons learned everyone.
Bollinger Bands are trending upward, but I have a feeling this wave is a bit虚...
Enter at 91,500, target 94,000? Feels like just paper wealth again.
With such strong bulls, why didn't they directly break through 92,000? That's the real question.
Following the trend sounds simple, but in reality, those who cut losses think like this.
Where will the pullback end? Feels like there's no precise answer.
This round of market is indeed fierce, but don't be blinded by these few bullish candles.
Can 93,000-94,000 really be reached? Don't tell me it's another illusion.
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probably_nothing_anon
· 01-05 17:32
It has been hammered down again around 92,000. Can it really break through this time? I'm a bit tired.
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MoonWaterDroplets
· 01-05 01:55
Wait for the pullback before getting in again; don't get caught in a bad position.
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MetaverseMigrant
· 01-05 01:55
We've tested 92,000 all the way through. This time, we have to wait for a pullback before daring to go in. Greed keeps us from getting the meat.
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LazyDevMiner
· 01-05 01:51
I've tried 92,000 several times already. Is it breaking or not? It's a bit frustrating.
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MetaLord420
· 01-05 01:38
Neither 92,000 can be broken, this wave still needs to pull back.
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DecentralizeMe
· 01-05 01:36
The 92,000 level hasn't been broken yet. It's easy to say, but when the pullback comes, I don't know how low it will go.
A new week begins, and looking back at last week's market performance, Bitcoin gradually entered a high consolidation phase after reaching a new high. This morning's performance was quite strong, with the price repeatedly testing the 92,000 level. The bullish activity remains noteworthy. From the 4-hour chart, the Bollinger Bands maintain an upward structure, with K-lines steadily rising along the upper band. The appearance of consecutive bullish candles further confirms the bulls' control of the market, and the overall upward trend remains intact.
From a trading perspective, following the trend is a more stable approach. However, it's better to wait for the price to retrace and consolidate before entering long positions, which will improve the win rate. In the short term, the 91,000-91,500 range can serve as an entry point for longs, with the upper target set between 93,000 and 94,000.