Dog's Top Divergence Warning! Daily Bollinger Bands Expanding, Trend Reversal Signs Appear!

Dear crypto friends, it is now 2:55 AM Beijing time, and Dog's current price is around 3338!

After the strong breakthrough of the 3300 level by the main force, we decisively exited northward, securing a profit of 200 points from 3100 to 3300. This short-term operation can be called perfect! A reminder: if Bitcoin can successfully break through the 100,000 mark, Ethereum is likely to target the 3550-3600 zone with strong resistance, which will be an excellent short-term southbound opportunity! The current market is in a high-level consolidation phase, so it is recommended to watch and wait for clearer signals.

Looking at the daily K-line data: the highest touch before the report was 3400, the lowest dipped to 3280, EMA trend indicators continue to contract, and the market is still oscillating in a high-range zone. Support below is at 3170, resistance above is at 3590; MACD continues to expand, indicating the short-term northward trend has not reversed, and the strategy of pulling back and heading north remains valid. The upper Bollinger Band resistance is at 3345, the middle band support is at 3100, and short-term wave traders should closely watch the northbound opportunity at 3260.

Looking at the four-hour K-line: short-term support is at EMA15 around 3245 and the integer level 3200. EMA indicators are alternating and expanding upward, maintaining the strong northward pattern. But beware! MACD continues to expand but shows a top divergence signal. Although the main force still has the momentum to challenge previous highs three times, risks are quietly approaching. The upper Bollinger Band has moved up to 3380, KDJ has formed a death cross, and RSI has reached the extreme overbought edge! This means after a pullback, there will be a new northbound opportunity. Patience now is the best solution!