Bitcoin is currently hovering near the lower Bollinger Band, which technically represents an oversold zone. The probability of the Bollinger Bands narrowing and then opening upward is quite high, which creates a rebound demand at this point.
From an indicators perspective, although DIF is still below DEA and MACD remains negative, the key is to watch for divergence signals at the bottom. If the price continues to explore downward but the green histogram actually shortens or even stops creating new lows, this indicates that bearish momentum is exhausted and bullish forces are accumulating in secret—this is a buy signal.
Specific trading strategy: For Bitcoin, consider entering on pullbacks to the 91,000-90,300 range, with key resistance to watch at 92,000-93,500. Once broken, continue looking higher. For Ethereum, apply similar logic—enter on pullbacks near 3,135-3,090, target the 3,200-3,300 zone, and continue chasing after a breakout.
Bitcoin is currently hovering near the lower Bollinger Band, which technically represents an oversold zone. The probability of the Bollinger Bands narrowing and then opening upward is quite high, which creates a rebound demand at this point.
From an indicators perspective, although DIF is still below DEA and MACD remains negative, the key is to watch for divergence signals at the bottom. If the price continues to explore downward but the green histogram actually shortens or even stops creating new lows, this indicates that bearish momentum is exhausted and bullish forces are accumulating in secret—this is a buy signal.
Specific trading strategy: For Bitcoin, consider entering on pullbacks to the 91,000-90,300 range, with key resistance to watch at 92,000-93,500. Once broken, continue looking higher. For Ethereum, apply similar logic—enter on pullbacks near 3,135-3,090, target the 3,200-3,300 zone, and continue chasing after a breakout.