Recently, the movements of Bitcoin and ETH have been quite interesting, forming a perfectly coordinated duo, with the rhythm almost never missing.
Let's start with Bitcoin. After climbing up from the bottom at 89242, it has gradually moved higher over the past few evenings, currently hovering around 90900. Looking at this level—right at the upper edge of the Bollinger Band—this indicates that the bulls are slowly gathering strength, but they haven't yet managed to break through the upper band resistance.
What about Ethereum? It also rebounded from 3050 and is now above 3110. Similarly moving along the upper band, what's interesting is that its gains are even a bit more aggressive than Bitcoin’s, suggesting that the market’s enthusiasm for long positions on ETH is actually stronger.
Overall, this rebound is a corrective move following the previous decline, with no significant increase in volume, indicating a gentle warming trend. As long as Bitcoin holds above 90300 and ETH stays above 3070 as support levels, this rebound could continue to extend. Conversely, if it fails to break through the upper band resistance, it may easily fall into a range of oscillation.
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RatioHunter
· 01-11 15:55
The rise of the mistress this time is more aggressive than Bitcoin, and the funds really have more confidence. However, whether it can hold above 3070 is the key.
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BankruptWorker
· 01-11 15:55
Hmm, this wave is indeed interesting. The fierceness of the mistress is beyond expectations.
It's that classic question again: if it can't break through the upper band, do we really have to keep messing around?
If the 90300 level can't be held, it's game over. Can't afford to gamble anymore.
Are all the funds moving into Ethereum? Then Bitcoin is really going to be dirt-cheap.
A gentle warm-up sounds comfortable, but I'm just worried it's only a rebound within a rebound.
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blockBoy
· 01-11 15:55
The mistress has been on fire these days, feeling more excited than Bitcoin.
If we can't break through the upper band, we'll have to oscillate again. This is too common.
90300 really needs to hold, or we'll have to start over.
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degenwhisperer
· 01-11 15:51
The mistress outperforming Bitcoin makes me feel relieved. This is the correct entry signal.
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ProxyCollector
· 01-11 15:46
Bollinger Bands again, Bollinger Bands. Can it break through this time? Feels like it's stuck for so long, it's a bit annoying.
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OnChainSleuth
· 01-11 15:27
In this Bollinger Band positioning market, the probability of repeated sell-offs is quite high.
The recent surge by Auntie is indeed fierce, but it feels like the momentum is lacking.
If 90300 can't hold, don't bother editing the chart; get ready for the next round.
The 3070 line is very critical; if broken, Ethereum will need to find new support.
Are we going into another round of volatility? This kind of gentle rebound is the most annoying.
Bullish momentum sounds good, but actually there's no strength to break through, haha.
The upper band resistance is so stubborn, just looking at it is exhausting.
It feels like we're heading into another cycle of fluctuations; this market is truly incredible.
Recently, the movements of Bitcoin and ETH have been quite interesting, forming a perfectly coordinated duo, with the rhythm almost never missing.
Let's start with Bitcoin. After climbing up from the bottom at 89242, it has gradually moved higher over the past few evenings, currently hovering around 90900. Looking at this level—right at the upper edge of the Bollinger Band—this indicates that the bulls are slowly gathering strength, but they haven't yet managed to break through the upper band resistance.
What about Ethereum? It also rebounded from 3050 and is now above 3110. Similarly moving along the upper band, what's interesting is that its gains are even a bit more aggressive than Bitcoin’s, suggesting that the market’s enthusiasm for long positions on ETH is actually stronger.
Overall, this rebound is a corrective move following the previous decline, with no significant increase in volume, indicating a gentle warming trend. As long as Bitcoin holds above 90300 and ETH stays above 3070 as support levels, this rebound could continue to extend. Conversely, if it fails to break through the upper band resistance, it may easily fall into a range of oscillation.