Overnight Bitcoin formed a clear "W bottom" pattern, with the price gaining strong buying support after reaching the 90,000 USD mark, and in the early trading session, it surged with increased volume to break through 92,000 USD. This pattern confirms that the 90,000 USD region has become a short-term key support level, with bulls demonstrating a strong willingness to defend the level and showing momentum for a counterattack. #Gate储备金报告 $BTC
From a technical indicator perspective, the price has stabilized above the key 4-hour moving average, with MACD and KDJ indicators both forming bullish crossovers at low levels and diverging upward. Green momentum bars are beginning to appear, indicating that short-term rebound strength is increasing. The volume surge combined with the bullish crossover in the indicators constitutes a more reliable bullish signal.
Bitcoin strategy: Buy around 91,500, target 93,000 Ethereum strategy: Buy around 3,100, target 3,180
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Overnight Bitcoin formed a clear "W bottom" pattern, with the price gaining strong buying support after reaching the 90,000 USD mark, and in the early trading session, it surged with increased volume to break through 92,000 USD. This pattern confirms that the 90,000 USD region has become a short-term key support level, with bulls demonstrating a strong willingness to defend the level and showing momentum for a counterattack. #Gate储备金报告 $BTC
From a technical indicator perspective, the price has stabilized above the key 4-hour moving average, with MACD and KDJ indicators both forming bullish crossovers at low levels and diverging upward. Green momentum bars are beginning to appear, indicating that short-term rebound strength is increasing. The volume surge combined with the bullish crossover in the indicators constitutes a more reliable bullish signal.
Bitcoin strategy: Buy around 91,500, target 93,000
Ethereum strategy: Buy around 3,100, target 3,180