$BTC just a slight rise and already want to get rich, just a slight drop and already panicking afraid it will drop to zero, chasing the price and sell with bearish market back and forth losing, mentality has been trampled by the market repeatedly, focus on participation. Looking at this afternoon's movement, the price comparison has started to rise from the lowest point of 90626, to the current highest of 91934. Meanwhile, the movement of Ethereum follows the footsteps of Bitcoin, from the lowest point of 2984 continues to rise, currently the highest touching 3052. Teacher Yang Ming today leads the students, BTC entered at 90981 and exited at 91821 successfully gaining 840 points; ETH entered at 3001 and exited at 3047 gaining 46 points.
From a daily level perspective, the market is in a fluctuation selection period after a pullback, with two consecutive days closing with red candles indicating a short-term pullback trend. Bollinger Bands continue to narrow, indicating that market sentiment is very cautious, and volatility is likely to increase going forward, focusing on support at the 90000 level and resistance breakout at 92600; from a four-hour level perspective, the comparison fluctuates around 91000, with 90000 as the basic support below, Bollinger Bands are in a narrowing state, and volume continues to decrease, without clear signs of volume release. Overall, the short-term up channel is effective, if the 90000 support is not broken, there is room for a rebound, otherwise it may drop to lower areas; from a one-hour level perspective, Bollinger Bands show a flat state, with small market fluctuation amplitudes. Previously, a bullish penetration pattern has emerged, but its signals are not standard, moreover, there is currently a lack of clear trend direction, and coupled with weekend market characteristics, most indicators suggest waiting for clearer breakout or pullback signals to emerge before assessing the next movement. Tonight, the focus is mainly on the pullback. Operational Advice: Bitcoin is around 91000, targeting around 92500. Ether is around 3000, targeting to look towards 3100. #比特币行情观察
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.
$BTC just a slight rise and already want to get rich, just a slight drop and already panicking afraid it will drop to zero, chasing the price and sell with bearish market back and forth losing, mentality has been trampled by the market repeatedly, focus on participation. Looking at this afternoon's movement, the price comparison has started to rise from the lowest point of 90626, to the current highest of 91934. Meanwhile, the movement of Ethereum follows the footsteps of Bitcoin, from the lowest point of 2984 continues to rise, currently the highest touching 3052. Teacher Yang Ming today leads the students, BTC entered at 90981 and exited at 91821 successfully gaining 840 points; ETH entered at 3001 and exited at 3047 gaining 46 points.
From a daily level perspective, the market is in a fluctuation selection period after a pullback, with two consecutive days closing with red candles indicating a short-term pullback trend. Bollinger Bands continue to narrow, indicating that market sentiment is very cautious, and volatility is likely to increase going forward, focusing on support at the 90000 level and resistance breakout at 92600; from a four-hour level perspective, the comparison fluctuates around 91000, with 90000 as the basic support below, Bollinger Bands are in a narrowing state, and volume continues to decrease, without clear signs of volume release. Overall, the short-term up channel is effective, if the 90000 support is not broken, there is room for a rebound, otherwise it may drop to lower areas; from a one-hour level perspective, Bollinger Bands show a flat state, with small market fluctuation amplitudes. Previously, a bullish penetration pattern has emerged, but its signals are not standard, moreover, there is currently a lack of clear trend direction, and coupled with weekend market characteristics, most indicators suggest waiting for clearer breakout or pullback signals to emerge before assessing the next movement. Tonight, the focus is mainly on the pullback.
Operational Advice: Bitcoin is around 91000, targeting around 92500.
Ether is around 3000, targeting to look towards 3100.
#比特币行情观察