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Monday's Latest Bitcoin and Altcoin Strategy
These days, many friends have asked why the senior brother hasn't been updating. Because I’ve been out relaxing and unwinding, I’ve been focusing on refining my strategy. I’ll share insights whenever I have time. However, timeliness may be slightly off, so please use it as a reference only. The most important thing still depends on the analysis of Shi Pan! Thanks again for everyone's support!
Back to the analysis, the four-hour chart shows a series of small consecutive bearish candles along the middle band of the Bollinger Bands, indicating a gentle consolidation. This pattern is a typical healthy digestion phase within a bullish trend, where the market gradually alleviates short-term pressure through time, effectively converting momentum without breaking the overall upward channel.
Looking at the one-hour chart, although it has not yet effectively突破 the 90,000 key resistance level, the "Mianyang Uptrend" momentum indicates that buying power is accumulating. The lows are gradually rising, showing strong support below. The bulls have not retreated but are patiently building momentum before key levels. Watch for rebound strength and remember to maintain good defense!
Bitcoin: 89,000-89,600 Dots, →91,500, 93,300;
Altcoins: 3,100-3,130 Dots, →3,200, 3,280.
(Real-time adjustments will be made based on pressure levels)
Personal opinion, for entertainment only, not investment advice!