Looking back at last night's movement, Bitcoin fell to around 90,790 at midnight and then rebounded, climbing steadily throughout the night, with an early high of 92,108. Ethereum showed a similar pattern, rebounding after a low of 3,117 at midnight, and reaching a high of 3,162 in the morning.
From a daily chart perspective, the market has now seen five consecutive bullish candles, completely breaking the previous consolidation phase. The price has broken above the upper Bollinger Band, with significant bullish volume. All moving averages are diverging upward, indicating that the market has entered a bullish control phase.
On the four-hour chart, after a rally, there was a slight pullback, but the retracement was relatively limited. Currently, prices are climbing again. Although there is some resistance at the upper Bollinger Band, the middle band continues to rise, maintaining a strong overall pattern. The probability of continued short-term upward movement remains high.
Operational suggestion: maintain a low-buying strategy.
$BTC: Consider buying on dips around 91,000, with target levels at 93,000-93,500 $ETH: Enter in batches around 3,100, with a target at 3,250
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MEVHunter
· 01-05 01:19
Wow, five consecutive bullish candles breaking the Bollinger upper band? I'm afraid the orders in this mempool are about to get trapped...
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BuyTheTop
· 01-05 01:19
Five consecutive bullish candles are so fierce? I'm going all-in at 93,500.
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BtcDailyResearcher
· 01-05 01:11
Five consecutive bullish candles, this rhythm is getting more and more on point, just waiting for the moment when 93,000 breaks.
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SolidityNewbie
· 01-05 01:05
Five consecutive bullish candles directly break the level, this wave is definitely a bullish trend. Not following up is a bit regrettable.
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Looking back at last night's movement, Bitcoin fell to around 90,790 at midnight and then rebounded, climbing steadily throughout the night, with an early high of 92,108. Ethereum showed a similar pattern, rebounding after a low of 3,117 at midnight, and reaching a high of 3,162 in the morning.
From a daily chart perspective, the market has now seen five consecutive bullish candles, completely breaking the previous consolidation phase. The price has broken above the upper Bollinger Band, with significant bullish volume. All moving averages are diverging upward, indicating that the market has entered a bullish control phase.
On the four-hour chart, after a rally, there was a slight pullback, but the retracement was relatively limited. Currently, prices are climbing again. Although there is some resistance at the upper Bollinger Band, the middle band continues to rise, maintaining a strong overall pattern. The probability of continued short-term upward movement remains high.
Operational suggestion: maintain a low-buying strategy.
$BTC: Consider buying on dips around 91,000, with target levels at 93,000-93,500
$ETH: Enter in batches around 3,100, with a target at 3,250