#BinanceABCs Bitcoin's daily chart has been above the 7-day moving average for three consecutive days, and this rhythm looks good. Looking at the 2-hour chart, the MACD golden cross pattern continues to show higher trade volumes. Although the short-term indicators are still hovering below the zero line, the strength of long positions is clearly building up.
The key is that the coin price has now stabilized above the 30-day moving average for 2 hours. If I may say, if it can hold above the 88000 position, there is a chance to push towards 90,000.
**Trading Strategy**
Bitcoin ($BTC): Consider going long in the range of 88000 to 88500, targeting 95000.
Ethereum ($ETH): Looking to see if it can touch 3080 in the range of 3000 to 3020.
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SignatureVerifier
· 2h ago
technically speaking, the 88k hold is... statistically significant, but let me be clear—insufficient validation of that 30-day ma until we see actual rejection attempts. the macd crossover means nothing without proper volume auditing, ngl.
95k target feels optimistic without further auditing the micro structure. trust but verify, right?
Reply0
notSatoshi1971
· 2h ago
88000 is a tough hurdle to maintain, feels like it's going to be a repeated trial.
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LiquidationWatcher
· 2h ago
88000 must be held above, otherwise it's pointless.
Let's test the break, after all, the strength accumulated by long positions is there.
95000? That's too greedy, let's see if we can hold above 89 first.
This wave feels a bit hollow to me, MACD is still wobbling below.
ETH at 3000 to 3020 is a bit narrow, easy to get dumped.
I haven't looked at ASR, can anyone say what the prospects are?
Holding above means profit, breaking means stop loss, it's that simple.
It's this same theory again, last time this analysis led directly to a trap.
It feels like funds are dawdling, there's no big market movement.
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consensus_failure
· 2h ago
Whether 88000 breaks or not is the key, if it breaks then there is hope.
Is 90,000 really that easy? It still depends on the Fed's attitude.
ETH seems to be less vigorous than BTC this time, still observing.
Are the long positions accumulating? I think they are setting a bear trap, haha.
Holding the defense line is the premise, otherwise it's all in vain.
#BinanceABCs Bitcoin's daily chart has been above the 7-day moving average for three consecutive days, and this rhythm looks good. Looking at the 2-hour chart, the MACD golden cross pattern continues to show higher trade volumes. Although the short-term indicators are still hovering below the zero line, the strength of long positions is clearly building up.
The key is that the coin price has now stabilized above the 30-day moving average for 2 hours. If I may say, if it can hold above the 88000 position, there is a chance to push towards 90,000.
**Trading Strategy**
Bitcoin ($BTC): Consider going long in the range of 88000 to 88500, targeting 95000.
Ethereum ($ETH): Looking to see if it can touch 3080 in the range of 3000 to 3020.
Attention coin: $ASR $ZEC