The market is never short of opportunities; what’s lacking is the resolve to go with the trend. When a bullish trend is already clear, don’t be fooled by short-term fluctuations. The opening of the Bollinger Bands is guiding you, the red MACD bars are supporting you, don’t let hesitation and fear block the profits you should be taking. Going with the trend, step by step, every persistence will blossom and bear fruit in the market.


Bitcoin has formed a step-like upward movement on the 4-hour chart, with lows continuously rising and highs constantly being refreshed. The three major indicators—Bollinger Bands, MACD, and KDJ—are resonating in a bullish signal. Short-term oscillations are just shakeouts during the upward process; the overall bullish trend remains unchanged. Once the key resistance zone at 78,800-79,000 is broken with increased volume, a new round of accelerated rally is likely to begin. Currently, Bitcoin is at 78,357, with the 4-hour price steadily staying above the middle Bollinger Band at 77,114, and quickly bouncing back after multiple tests of the middle band, which has become a strong support. The upper Bollinger Band continues to expand upward, opening in a trumpet shape, a typical bullish trend pattern, with space above already opened.
Bitcoin: Bullish near 77,800 Target: 79,300
Ethereum: Bullish near 2,270 Target: 2,400
BTC0.2%
ETH0.39%
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