The current market rhythm is quite interesting — bottom consolidation is fluctuating, but signs of a bottom are becoming more and more obvious. The strength of the bears is clearly waning, which is a signal.
From the four-hour K-line chart, the price has already touched the lower Bollinger Band. This position usually does not continue to drop; the downward momentum is clearly insufficient, and the support at the lower band is still holding. The rebound signals have already started to emerge.
The hourly chart better illustrates the issue — the key level of 91,000 has been repeatedly pulled back, each dip quickly rebounded, and there has been no real break below. This indicates that the bottom support is quite solid, and the bulls are accumulating willingness to buy.
Trading strategy suggestion: Consider going long around 91,000, with a near-term target in the range of 92,300 to 93,000.
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pvt_key_collector
· 01-10 15:57
The 91,000 level really can't be held down anymore, it feels like the bulls are really holding back a big move.
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LiquidityNinja
· 01-10 15:05
The 91,000 level is indeed quite solid, and the bears are losing momentum. It's time for a rebound, right?
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ForkThisDAO
· 01-09 20:49
91,000 has been pushed up again. This time feels different—are we really going to rebound?
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TokenRationEater
· 01-07 19:30
91,000 repeatedly pulled and pushed, but not broken through? This is the flavor of the bottom, the bulls are holding back a big move.
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DeFiChef
· 01-07 19:29
91,000 has been pulled back again, this technique is very skilled... the bottom support is firmly protecting it.
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BTCRetirementFund
· 01-07 19:23
The 91,000 level is indeed solid, and the signs of a rebound are about to appear. The bears are running out of steam.
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EyeOfTheTokenStorm
· 01-07 19:23
Breaking through the 91,000 level is really not that easy. The continuous rebound indicates that there are still people taking positions. However, I don't quite understand this bottoming process; it feels like repeated fluctuations are just cutting leeks. Be careful not to get trapped.
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SeasonedInvestor
· 01-07 19:16
Is it forming a bottom again? From what I see, this time is truly different. 91,000 has indeed held firmly, and the bears are losing momentum.
#数字资产行情上升 January 8 evening market observation:
The current market rhythm is quite interesting — bottom consolidation is fluctuating, but signs of a bottom are becoming more and more obvious. The strength of the bears is clearly waning, which is a signal.
From the four-hour K-line chart, the price has already touched the lower Bollinger Band. This position usually does not continue to drop; the downward momentum is clearly insufficient, and the support at the lower band is still holding. The rebound signals have already started to emerge.
The hourly chart better illustrates the issue — the key level of 91,000 has been repeatedly pulled back, each dip quickly rebounded, and there has been no real break below. This indicates that the bottom support is quite solid, and the bulls are accumulating willingness to buy.
Trading strategy suggestion: Consider going long around 91,000, with a near-term target in the range of 92,300 to 93,000.