This wave of market rebound is really timely. From the bottom around 91,300, Bitcoin has been steadily moving north to 93,300, and Ethereum has also risen to 3,220. The rebound has been quite substantial. It seems that those who have been paying attention for a while have indeed gained some benefits from this.
Currently, the market has entered a consolidation phase after the rebound. Although some bears are pushing down with increased volume, overall, it doesn't pose a significant threat to the subsequent rebound attempts. Looking at the four-hour chart, the price is operating near the upper band of the Bollinger Bands. Although the candlesticks face some short-term resistance, the downward momentum is clearly insufficient — just look at the retracement depth to see that the bulls still hold the dominant position. Switching to the hourly chart makes this even clearer; the bullish pattern is very solid, and the rebound momentum is still gathering strength.
The next strategy is to buy on dips; no need to overcomplicate it. Just focus on short-term bottom positions. Consider going long on Bitcoin around 92,000, with a target of 94,500; and on Ethereum around 3,130, with a target of 3,300. This opportunity window remains quite clear.
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TokenomicsDetective
· 18h ago
92,000 bought the dip on Bitcoin, betting that this wave will continue to rise
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zkProofInThePudding
· 01-06 20:30
I've already bottomed out long ago, now just waiting to count the money in this wave.
Shorts crashing the market? Laughable, they can't push it down at all.
Going long at 92,000, it's stable, just see how high it can go.
Ethereum at 3130 is a good position, let's push to 3300.
The bullish pattern is so solid, what are you hesitating for? Get on board.
The rebound still has strength to continue, don't be timid.
The signal is near the upper band of the Bollinger Bands, follow along and profit.
How's the bottom-fishing going? Feeling good now?
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Here comes another wave, it should have rebounded long ago.
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Still daring to buy at 92000? I'm scared now.
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The bulls hold the dominant power, speaking quite confidently. Just don't dump the market.
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Around 3130? I think I'll wait, still need to fall further.
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This time the window is indeed clear, but I don't know if we can bottom out.
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It's easy to listen to buy the dip on a pullback, but when the time comes, it's another story of getting cut.
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What’s with the upper band of the Bollinger Bands? It should have broken out long ago.
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I think 94500 is a stretch; 92000 is the real test.
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People who saw the signs early have already run away. Don't fool yourself.
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Ethereum at 3300? Let's hold what we have first.
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Solid bulls? I see a bit of weakness.
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This rebound was enough; the next wave of selling must also be sufficient.
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Another buyer at 92000? Can you be a bit smarter?
This wave of market rebound is really timely. From the bottom around 91,300, Bitcoin has been steadily moving north to 93,300, and Ethereum has also risen to 3,220. The rebound has been quite substantial. It seems that those who have been paying attention for a while have indeed gained some benefits from this.
Currently, the market has entered a consolidation phase after the rebound. Although some bears are pushing down with increased volume, overall, it doesn't pose a significant threat to the subsequent rebound attempts. Looking at the four-hour chart, the price is operating near the upper band of the Bollinger Bands. Although the candlesticks face some short-term resistance, the downward momentum is clearly insufficient — just look at the retracement depth to see that the bulls still hold the dominant position. Switching to the hourly chart makes this even clearer; the bullish pattern is very solid, and the rebound momentum is still gathering strength.
The next strategy is to buy on dips; no need to overcomplicate it. Just focus on short-term bottom positions. Consider going long on Bitcoin around 92,000, with a target of 94,500; and on Ethereum around 3,130, with a target of 3,300. This opportunity window remains quite clear.