From the 1-hour candlestick perspective, BTC's rally since the early lows remains steady. The upward trend line at 94,500 has not been effectively broken, indicating that this recent correction is just a normal technical adjustment and not a cause for concern.
Although the BOLL indicator shows some short-term pressure on the midline, the midline itself remains within an upward channel. In other words, the fundamental logic of the medium-term bullish trend has not changed, and this is the core signal we must focus on.
From an operational standpoint, consider gradually accumulating within the 95,500-96,000 range, with a target around 98,000. For risk management, if BTC effectively breaks below 95,000, it’s time to cut losses and exit decisively. This approach ensures your risk remains within control while avoiding missing out on potential upward movements due to excessive caution.
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.
6 Likes
Reward
6
7
Repost
Share
Comment
0/400
quietly_staking
· 8h ago
If this 94,500 line truly holds, it means we still need to look higher. However, I'm more concerned about whether 98K can really break.
View OriginalReply0
LeverageAddict
· 12h ago
94500 is still here, the bulls haven't died yet. This wave is just a normal correction.
View OriginalReply0
WalletWhisperer
· 12h ago
Is that 94,500 line really that solid? Feels like every time people say it, and then it just breaks in a snap.
View OriginalReply0
WhaleInTraining
· 12h ago
The 94,500 line is still holding, indicating that there's no need to fear this wave of correction.
View OriginalReply0
Tokenomics911
· 12h ago
Is the 94,500 line really that important? Anyway, I didn't really hold above it, but the 98,000 level is a bit attractive to me. I just don't know if it can break through.
View OriginalReply0
GasFeeTherapist
· 12h ago
The 94500 line is still there, so it's stable. It's a bit annoying but not a big deal.
View OriginalReply0
Hash_Bandit
· 12h ago
nah, that 94500 trendline holding is basically the network's difficulty adjustment keeping everything in check... been through enough cycles to know when the hashrate's still pointing up 🔨 real talk though, 95k break would be the hard fork moment for me, no mercy stops
From the 1-hour candlestick perspective, BTC's rally since the early lows remains steady. The upward trend line at 94,500 has not been effectively broken, indicating that this recent correction is just a normal technical adjustment and not a cause for concern.
Although the BOLL indicator shows some short-term pressure on the midline, the midline itself remains within an upward channel. In other words, the fundamental logic of the medium-term bullish trend has not changed, and this is the core signal we must focus on.
From an operational standpoint, consider gradually accumulating within the 95,500-96,000 range, with a target around 98,000. For risk management, if BTC effectively breaks below 95,000, it’s time to cut losses and exit decisively. This approach ensures your risk remains within control while avoiding missing out on potential upward movements due to excessive caution.