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
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.
20 Likes
Reward
20
7
Repost
Share
Comment
0/400
DataOnlooker
· 12h ago
Five consecutive bullish candles breaking through directly, this bullish wave is quite fierce...
---
Entering a long position at 91,000? Are you gambling, bro? Or do you really have confidence?
---
The upper band of the Bollinger Bands is under so much pressure, how can you still be so optimistic...
---
Waiting for ETH at 3100, I still feel it can go lower.
---
It's another low-buying strategy, buying low every day and getting trapped every day. When will this end?
---
Five bullish candles in a row are indeed fierce, but this is just the beginning. Is the rebound trap preventable?
---
93,500? That’s a nice thought, if it really reaches there, I’ll go live eating shoes.
---
Moving averages diverging is nothing special; the key is whether the trading volume is enough to support it.
---
Still playing the low-buying game? I went all in long ago, throwing caution to the wind.
---
This wave does show some signs, but I still need to wait and see.
View OriginalReply0
MetaverseLandlord
· 13h ago
Five consecutive bullish candles and you want to run? Bro, this time is different, it really feels like a breakdown is coming.
View OriginalReply0
StopLossMaster
· 14h ago
Five consecutive bullish candles... Is it really going to break this time? I've been saying for a while that 91,000 won't hold.
View OriginalReply0
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...
View OriginalReply0
BuyTheTop
· 01-05 01:19
Five consecutive bullish candles are so fierce? I'm going all-in at 93,500.
View OriginalReply0
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.
View OriginalReply0
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.
#Strategy加码BTC配置 $BTC Morning Market Review
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