The weekend correction phase is almost coming to an end. Over the past couple of days, the rebound strength has been increasing wave by wave, and the bullish momentum is gradually heating up. The bottom-building actions are very obvious, and those who have already followed the strategy to position themselves should hold patiently, as there is still room for further upward movement.
On the four-hour chart, the three-band Bollinger Bands have completed their correction pattern. The K-line is continuously pushing the bands to rise steadily, and the overall bullish atmosphere is slowly recovering. The MACD also looks promising—its golden cross upward has already formed, and the bullish volume is expanding. The rebound trend is about to begin. At the hourly level, bullish signals are almost unmistakable: the price is stuck at the upper band of the Bollinger Bands, with each candle pushing the entire market higher. This bullish pattern is quite strong. The next step is to follow the trend and go long without hesitation.
Regarding Bitcoin, in the short term, it can reach the 92,300 level. If it breaks through that, the next target is 94,000. For Ethereum, the short-term target is 3,160, and if it breaks that, it could continue to 3,251. The market rhythm is very clear—just follow the rhythm.
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BlockchainBrokenPromise
· 18h ago
I've already gone all in, just waiting for this wave to hit 94,000.
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ILCollector
· 18h ago
No, can this wave reach 94,000? It feels a bit uncertain.
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NullWhisperer
· 18h ago
ngl, those bollinger bands setup... technically speaking it's textbook recovery pattern, but have we actually audited the volume profile here? 🤔 interesting edge case if it rejects at 92300
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ForumMiningMaster
· 18h ago
Oh no, I have to chase again. I really can't keep up with this pace.
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Bollinger Bands, MACD, Golden Cross... sounds like it's about to take off? I'll just wait and see.
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92300 to 94000, you're so sure about that? Feels like you say this every time.
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I agree with building a bottom, but has the bullish enthusiasm really heated up? Let's see.
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Chasing the trend more often leads to losses. Why is no one following my rhythm when I lose money?
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The hourly chart is so strong, why has it been oscillating these past two days?
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Ethereum at 3160, 3251... can it stabilize above 3100 first before bragging?
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Wait, is this recovery trend really over? Feels like it won't be that quick.
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Again, "Follow the trend without hesitation," I think today I'll hesitate for a long time.
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LiquidatedThrice
· 18h ago
The golden cross has already formed, and this wave really feels like it's about to rise.
But whether 92,300 can hold depends on it; last time I was full of confidence but didn't hold through.
I'll consider Ethereum breaking through 3160; for now, let's stay on the sidelines.
The upper band of the Bollinger Bands is under quite a bit of pressure; getting caught in a position would be even more uncomfortable.
Multi-timeframe analysis is indeed optimistic, but I will still stay out of the market and wait for confirmation signals.
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OnlyOnMainnet
· 18h ago
Starting to tell stories again, will you be able to deliver this time?
View OriginalReply0
LightningPacketLoss
· 18h ago
Wait, can 92,300 really be reached? Why am I still hesitating whether to add more to my position?
The weekend correction phase is almost coming to an end. Over the past couple of days, the rebound strength has been increasing wave by wave, and the bullish momentum is gradually heating up. The bottom-building actions are very obvious, and those who have already followed the strategy to position themselves should hold patiently, as there is still room for further upward movement.
On the four-hour chart, the three-band Bollinger Bands have completed their correction pattern. The K-line is continuously pushing the bands to rise steadily, and the overall bullish atmosphere is slowly recovering. The MACD also looks promising—its golden cross upward has already formed, and the bullish volume is expanding. The rebound trend is about to begin. At the hourly level, bullish signals are almost unmistakable: the price is stuck at the upper band of the Bollinger Bands, with each candle pushing the entire market higher. This bullish pattern is quite strong. The next step is to follow the trend and go long without hesitation.
Regarding Bitcoin, in the short term, it can reach the 92,300 level. If it breaks through that, the next target is 94,000. For Ethereum, the short-term target is 3,160, and if it breaks that, it could continue to 3,251. The market rhythm is very clear—just follow the rhythm.