#数字资产行情上升 The market is showing strong bullish sentiment right now. The daily chart has been rising consecutively, with the price sticking to the upper band of the Bollinger Bands as it keeps climbing, and trading volume is expanding as well. The uptrend channel is particularly well-formed. The probability of a continued medium-term rise is indeed quite high.
On the hourly chart level, after the rally, the market has entered a normal technical consolidation. The Bollinger Bands are continually widening, indicating that momentum is still sufficient. There is still room for further upside.
However, the KDJ is currently in the overbought zone, so in the short term, a pullback or consolidation is indeed possible. The key is to watch how the trading volume behaves during this consolidation. If volume shrinks significantly, it means not many people are selling, and after the adjustment, there's a high probability the price will continue upward along the original trend.
From a trading perspective, you still need to follow the trend and avoid chasing highs. Focus on buying on dips when the price pulls back to key support levels, while keeping risk under control and managing your position size reasonably. If, after the consolidation, the price can break out of the current range with increased volume, then there will be more upside potential, and the market could enter a new round of accelerated gains.
Overall, the bullish structure is solid. This short-term consolidation is essentially building up strength for the next breakout. Investors can take advantage of structural opportunities within the trend with a cautiously optimistic mindset.
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#数字资产行情上升 The market is showing strong bullish sentiment right now. The daily chart has been rising consecutively, with the price sticking to the upper band of the Bollinger Bands as it keeps climbing, and trading volume is expanding as well. The uptrend channel is particularly well-formed. The probability of a continued medium-term rise is indeed quite high.
On the hourly chart level, after the rally, the market has entered a normal technical consolidation. The Bollinger Bands are continually widening, indicating that momentum is still sufficient. There is still room for further upside.
However, the KDJ is currently in the overbought zone, so in the short term, a pullback or consolidation is indeed possible. The key is to watch how the trading volume behaves during this consolidation. If volume shrinks significantly, it means not many people are selling, and after the adjustment, there's a high probability the price will continue upward along the original trend.
From a trading perspective, you still need to follow the trend and avoid chasing highs. Focus on buying on dips when the price pulls back to key support levels, while keeping risk under control and managing your position size reasonably. If, after the consolidation, the price can break out of the current range with increased volume, then there will be more upside potential, and the market could enter a new round of accelerated gains.
Overall, the bullish structure is solid. This short-term consolidation is essentially building up strength for the next breakout. Investors can take advantage of structural opportunities within the trend with a cautiously optimistic mindset.
$BTC can go long around 92000, target 94000.
ETH can go long around 3290, target 3400.