2026-01-07 21:23:18

Looking at the market again during the early hours. Currently, both Bitcoin and Ethereum are consolidating at the bottom, and the bears are clearly losing momentum. From the 1-hour K-line, the price is repeatedly near the lower Bollinger Band, unable to break below, indicating that the support below is still quite strong. The downward momentum is clearly weakening, and a typical bottoming pattern has already formed. The rebound phase of gathering strength should not be far off.

Since the price is stuck here and unable to break down effectively, it indicates that the bottom pattern is basically confirmed. The next strategy is simple—based on the current support level, mainly focus on buying the dips, and hold off on shorting for now to be more cautious.

Trading suggestion: Consider going long in the range of 90,000 to 91,000, with targets at 92,000, 93,000, and further towards 94,000.

BTC0,12%

ETH0,33%

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SmartContractPhobia

· 16h ago

The bottom pattern has been confirmed, waiting for a rebound to buy in and take profits. Hmm, the support level is so strong that the bears really have no good options. Buy around 90,000 with a target of 92k, very conservative. The lower band of the Bollinger Bands can't even be broken, this bottoming process looks a bit like a pattern. Once again, thinking of going long above 90,000, this move is quite interesting. Support is very strong, the rebound is indeed gathering momentum and not far off. If the bears are out of energy, it's time for the bulls to take over. Getting stuck here and unable to break down indicates that buying interest is indeed holding the line.

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RugpullSurvivor

· 19h ago

Can it really rebound around 90,000? I want to see how long it can hold up. Claiming the bottom is confirmed as long as it doesn't break below the Bollinger Band lower track—that logic is a bit weak. Those watching the market in the early hours are all true gamblers... I'm impressed. How many times have I heard "buy the dip"? Every time, it dips even lower. 94,000? Let's first talk about how to get through 92,000.

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MidnightMEVeater

· 01-09 05:39

Good morning, all night creatures. It's me again at 2 a.m. watching this bottoming discussion. Repeatedly hitting the lower Bollinger Band? Ha, that's a classic move before a liquidity trap, the favorite appetizer in the robot paradise.

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FundingMartyr

· 01-07 21:51

Bollinger Bands are starting that routine again. Every time, they say it's a bottoming process, but what’s the result? --- The range of 90,000-91,000 is indeed tempting, but I’m more concerned about when the next wave of sell-off will come. --- People who post market analysis in the early morning are often anxious players who can't sleep. --- Buying the dip is the right move, but what if you have no bullets left? --- It's another classic bottoming and exhaustion... Brother, I'm tired of hearing these words. --- How strong is the support? Even when breaking down, they said the support was solid. --- 94,000? Let’s get past 93,000 first. Greed doesn’t lead to good outcomes. --- Are the bears really out of steam? I feel like they’re still lurking.

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TraderGuBei

· 01-07 21:47

All my short positions just entered the market

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ParanoiaKing

· 01-07 21:38

I'm confident in this bottom accumulation wave; as long as it doesn't break below the Bollinger lower band, it's a strong signal. Another sleepless night watching the market—this rhythm needs to change. Buying the dip at the 90,000 level is fine, but the main concern is repeated shakeouts; stay calm. Feeling a bit optimistic about 94,000—let's see if 93,000 holds steady first. The bears are really losing momentum; it's time to switch to a long position, everyone. This bottom confirmation is quite solid; I'm also waiting for a signal at 91,000.

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StillBuyingTheDip

· 01-07 21:36

Another night owl analyzing the market in the early morning, just like us. The bottom is indeed interesting; if it can't break down, it's time to get in. Bearish momentum is weak + Bollinger Bands are stuck, an old trick but effective. Entering long at 90,000 is not a loss, just worried about a weak rebound. It's already 2024 and you're still chasing shorts, really need to fix this loss-cutting habit. Buying the dip is the way to go. Bollinger Band lower band repeatedly? Hmm, it's time to make a move. If this wave rebounds to 94, there's some imagination involved. Add to your position? Support levels are so strong, bears really should take a break. Leave the long positions to me. It's 3 a.m. and I think the same as you, this doesn't feel right... Is it time to bottom fish?

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