To be honest, the bullish logic for this week is already very clear. The market is right in front of us, and there's really no way to keep up if you're not paying attention.
$BTC's current volatility is actually the bulls gathering strength. The key support appeared yesterday—a quick rebound from 90500. Although it cooled off in the 91100-91300 range, the low point has risen from 90500 to 90700, indicating that the bulls are becoming more proactive. The short-term moving averages have formed a golden cross, and the MACD has also generated a bullish crossover at a low level. The bears' attempt to rebound now lacks strength, and the RSI is in a neutral to slightly strong position, leaving plenty of room for upward movement.
The four-hour chart looks even more promising. The price hasn't broken below previous lows, and a bullish divergence is even emerging on the technical indicators. What does this mean? The 91500 level is the current battleground between bulls and bears. Once trading volume supports a steady hold here, the bulls will have a reason to launch an attack, and a new rally could begin.
Today's strategy is straightforward: consider entering long positions between 91500 and 92000, with the target set above 94000.
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GasFeeSobber
· 7h ago
Wait, can the 91,500 level really hold? It feels like it's been testing repeatedly these past couple of days.
Speaking of the bullish divergence signal, it needs to be confirmed with trading volume to be convincing, otherwise it’s easy to get hammered.
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FlatlineTrader
· 7h ago
91500, this critical point really needs to hold, or else we'll have to tell the story all over again. It's a bit annoying.
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ForkYouPayMe
· 7h ago
Hitting the 91,500 mark firmly is indeed quite impressive. I believe in it.
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TommyTeacher
· 7h ago
If it breaks below 91,500, then just push directly to 94,000. This bullish move is indeed interesting; there's no need to rush to cut the coins in hand yet.
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BearMarketSunriser
· 7h ago
If we can hold steady at 91,500, we're really about to take off... Let's wait and see.
#美国贸易赤字状况 Bitcoin Bullish Pattern Gradually Clarifies
To be honest, the bullish logic for this week is already very clear. The market is right in front of us, and there's really no way to keep up if you're not paying attention.
$BTC's current volatility is actually the bulls gathering strength. The key support appeared yesterday—a quick rebound from 90500. Although it cooled off in the 91100-91300 range, the low point has risen from 90500 to 90700, indicating that the bulls are becoming more proactive. The short-term moving averages have formed a golden cross, and the MACD has also generated a bullish crossover at a low level. The bears' attempt to rebound now lacks strength, and the RSI is in a neutral to slightly strong position, leaving plenty of room for upward movement.
The four-hour chart looks even more promising. The price hasn't broken below previous lows, and a bullish divergence is even emerging on the technical indicators. What does this mean? The 91500 level is the current battleground between bulls and bears. Once trading volume supports a steady hold here, the bulls will have a reason to launch an attack, and a new rally could begin.
Today's strategy is straightforward: consider entering long positions between 91500 and 92000, with the target set above 94000.
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