Remember, emotions fade, but strategies and original intentions do not. Keep a steady mindset, respect the risks, and let every rise and fall become nourishment for growth. The next bull market will ultimately crown the persistent. Looking back at the evening market, Bitcoin hit a low of around 90,790 in the early hours, then maintained sideways consolidation. After the opening in the morning, it rose all the way up, reaching around 93,382; ETH, following Bitcoin, hovered around 3,110 during the early hours and then surged to around 3,221 in the morning.


From the four-hour perspective, Bitcoin did not break down after a rapid initial surge but instead digested the selling pressure through sideways consolidation, remaining above the middle band of the Bollinger Bands. During the pullback, frequent lower shadows appeared, indicating continuous capital support below, and the trend structure remains intact. The price center of gravity moved upward, showing a typical strong oscillation and accumulation pattern. On the one-hour level, multiple tests around 90,700 did not break below, followed by increased volume and a breakout from the short-term consolidation zone, completing a transition from weak to strong. Currently, the short-term bulls have regained control, and market sentiment is once again leaning positive.
Overall, the current market remains in an ongoing bullish trend, and short-term pullbacks can be viewed as opportunities for positioning rather than a trend reversal signal.
Trading suggestions:
Bitcoin: around 92,500, target 94,000
Ethereum: around 3,130, target 3,300
$BTC $ETH
BTC0.77%
ETH3.94%
View Original
post-image
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.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
RainSoundFlavorvip
· 01-05 12:47
Keep going, keep going, keep going, keep going, keep going, keep going, keep going, keep going, keep going, keep going, keep going, keep going, keep going, keep going, keep going, keep going, keep going, keep going, keep going, keep going, keep going, keep going, keep going, keep going, keep going, keep going, keep going, keep going, keep going, keep going, keep going, keep going, keep going, keep going, keep going.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)