In the one-hour chart, the price continues to stay above the middle band of the Bollinger Bands, maintaining a pattern of oscillating upward. However, the recent few candlesticks have noticeably long upper shadows, indicating increased pressure at higher levels. The short-term technical pattern is becoming more indecisive. Moving forward, it is important to pay close attention to news developments and be alert to potential catalysts that could trigger a breakout. Trading suggestion: If Bitcoin pulls back to around 87,600-87,000, consider buying with a target near 88,500. For Auntie's operation: Consider buying near 2,930-2,910, with a target around 2,995-3,075.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
December 29th
In the one-hour chart, the price continues to stay above the middle band of the Bollinger Bands, maintaining a pattern of oscillating upward. However, the recent few candlesticks have noticeably long upper shadows, indicating increased pressure at higher levels. The short-term technical pattern is becoming more indecisive. Moving forward, it is important to pay close attention to news developments and be alert to potential catalysts that could trigger a breakout.
Trading suggestion: If Bitcoin pulls back to around 87,600-87,000, consider buying with a target near 88,500.
For Auntie's operation: Consider buying near 2,930-2,910, with a target around 2,995-3,075.