Take a look at the recent daily trend of BTC and ETH.
Bitcoin has bounced back after retracing and has stabilized; the price has been trading above the BOLL middle band, and has not touched the lower band. The volume during the pullback has decreased, which is a normal technical adjustment. MACD is still above the zero line; the red histogram has indeed narrowed a bit, but it hasn't turned green yet, indicating the bulls' fundamental strength remains intact.
From this perspective, the current structure is still relatively strong. For BTC, consider a long position around 90,600, with targets at 91,300, 91,700, and 92,300, and set a stop-loss at 90,100.
Regarding the altcoin, there is also an opportunity around 3,080. The targets above are 3,130, 3,170, and 3,210, with a support level below at 3,050.
The overall approach is that as long as the key support holds, this kind of consolidation remains bullish. Focus mainly on low-position entries during the day; avoid chasing high positions and wait for pullbacks to provide new opportunities.
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GateUser-beba108d
· 01-09 02:53
90600 bottoming out? Bro, can you avoid taking a loss this time? That's what we said last time at 92300.
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MidnightSeller
· 01-09 02:49
Positioning at a low level is indeed a prudent approach, but I still think it's a bit uncertain whether this rebound can reach 92300. Let's wait and see if it hits 91700 first.
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SerRugResistant
· 01-09 02:49
Damn, bouncing off the bottom at the BOLL middle band again. Can we stop the plunge this time? My nerves are about to explode.
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StableGenius
· 01-09 02:33
nah, the "fundamentally flawed" part here is thinking volume contraction automatically validates bullish structure... empirically speaking, we've seen this exact setup reverse hard before. let me explain why those support levels matter way less than people think
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failed_dev_successful_ape
· 01-09 02:29
Feeling like entering at 90600 is a bit late, maybe wait a bit longer. What if it suddenly drops back down?
Take a look at the recent daily trend of BTC and ETH.
Bitcoin has bounced back after retracing and has stabilized; the price has been trading above the BOLL middle band, and has not touched the lower band. The volume during the pullback has decreased, which is a normal technical adjustment. MACD is still above the zero line; the red histogram has indeed narrowed a bit, but it hasn't turned green yet, indicating the bulls' fundamental strength remains intact.
From this perspective, the current structure is still relatively strong. For BTC, consider a long position around 90,600, with targets at 91,300, 91,700, and 92,300, and set a stop-loss at 90,100.
Regarding the altcoin, there is also an opportunity around 3,080. The targets above are 3,130, 3,170, and 3,210, with a support level below at 3,050.
The overall approach is that as long as the key support holds, this kind of consolidation remains bullish. Focus mainly on low-position entries during the day; avoid chasing high positions and wait for pullbacks to provide new opportunities.