#数字货币市场洞察 $BTC The market movement this week has been quite spectacular. Bitcoin first surged to around 91,800, then took a hard hit, dropping straight to 83,760 before stabilizing. After that, market sentiment quickly reversed, rallying to 94,100 where it met resistance, and is now oscillating around 89,680. Ethereum basically moved in sync, dropping from 3,047 at the start of the week to stabilize at 2,718, then pushing past previous highs to reach 3,327, and is now consolidating around 3,054.



From a technical perspective, the 4-hour chart shows bulls and bears battling repeatedly, with the price rebounding and climbing above the mid-band, and the bulls gradually taking the initiative. Consecutive bullish candles are testing support, and there is indeed significant resistance above, but the short-term upward momentum remains. On the hourly chart, the price has already rebounded to the short-term resistance at 91,000. Although there has been a minor pullback, the overall trend still favors the bulls, and there is clear bullish sentiment in the market.

For trading, the core strategy during the early hours is to buy on dips. $BTC can consider going long in the 91,200-91,000 range, targeting around 93,500; $ETH can enter in the 3,110-3,080 range, with a target set around 3,250. Go with the trend and seize the bullish momentum.
BTC2.11%
ETH2.99%
View Original
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
  • 6
  • Repost
  • Share
Comment
0/400
Degentlemanvip
· 10h ago
Here you go hyping up the bulls again. The players have all been chopped up, so what's the point of talking about following the trend?
View OriginalReply0
New_Ser_Ngmivip
· 10h ago
It's the same old strategy again, going long in the early morning as usual.
View OriginalReply0
WhaleMinionvip
· 10h ago
It’s the same old “buy the dip” talk again. Last time I listened to you, it got dumped straight through.
View OriginalReply0
GasFeePhobiavip
· 10h ago
The drop from 91,800 to 83,760 is outrageous. I was completely stunned.
View OriginalReply0
MeaninglessGweivip
· 10h ago
The 91000 level is a bit shaky; it feels like it needs to drop a bit more to stabilize.
View OriginalReply0
WagmiAnonvip
· 10h ago
Another rollercoaster ride—this pattern is really something else.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 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)