The bullish logic of this round of market has been repeatedly validated, and now it’s time to implement.
From a daily chart perspective, the price stabilized at the mid-line key support level and then started to rebound, followed by five consecutive bullish candles, and today it directly broke through the upper band resistance of the daily chart. This breakout is not false — the bulls’ offensive is very fierce, the bottom support is solid enough, and the upward channel has been fully opened. In other words, the direction of this market trend is already very clear, and the initial upward probe has already started.
Looking at the four-hour chart, you can feel this momentum even more. A large bullish candle surged and broke through the upper band, with the moving averages below rising in sync, forming a standard bullish alignment pattern. The bulls’ strength is now fully unleashed, and the price is currently stabilizing around 93,000, with room to go higher.
If you want to participate in this trend, you can consider entering long positions on a pullback to the 91,800-92,100 range, with the target zone around 94,000-94,500. This level corresponds to a key historical resistance point and also aligns with the expected height of the current upward channel.
The market confirmation is strong, and if you miss this wave, you will have to wait for the next one.
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NFTHoarder
· 01-06 12:46
Starting to tell stories again, is this really just another trap to cut leeks...
Breaking down, breaking down, every time they say breaking down, but what’s the result?
By the way, the 93,000 level is indeed interesting, but I still want to wait for a pullback before making a move—I don’t want to catch a flying knife.
But I have to admit, this bullish wave is indeed a bit different, looking quite fierce.
Is it time to buy the dip again? My car still isn’t fully loaded.
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ApyWhisperer
· 01-06 07:29
Breaking above the upper band this time is indeed fierce. If it stabilizes at 93,000, it will directly aim for 94,500.
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PanicSeller
· 01-05 06:56
Here comes the hype again to get us to buy the dip. How many times have I heard about the 91,800-92,100 level?
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GasGuru
· 01-05 06:55
Once 93,000 stabilizes, it's all about whether it can break 94,500. Whether to get on board or not depends on your risk preference.
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LiquidityWizard
· 01-05 06:37
Trying to verify the logic again, is it real or fake? Can it reach 94,500 this time?
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MetaReckt
· 01-05 06:36
Has it stabilized at 93,000? Bro, this move is indeed interesting, but it feels like the same old story again.
The bullish logic of this round of market has been repeatedly validated, and now it’s time to implement.
From a daily chart perspective, the price stabilized at the mid-line key support level and then started to rebound, followed by five consecutive bullish candles, and today it directly broke through the upper band resistance of the daily chart. This breakout is not false — the bulls’ offensive is very fierce, the bottom support is solid enough, and the upward channel has been fully opened. In other words, the direction of this market trend is already very clear, and the initial upward probe has already started.
Looking at the four-hour chart, you can feel this momentum even more. A large bullish candle surged and broke through the upper band, with the moving averages below rising in sync, forming a standard bullish alignment pattern. The bulls’ strength is now fully unleashed, and the price is currently stabilizing around 93,000, with room to go higher.
If you want to participate in this trend, you can consider entering long positions on a pullback to the 91,800-92,100 range, with the target zone around 94,000-94,500. This level corresponds to a key historical resistance point and also aligns with the expected height of the current upward channel.
The market confirmation is strong, and if you miss this wave, you will have to wait for the next one.