Bitcoin four-hour trend structure is clear, with a large bearish candle earlier sharply falling back, directly swallowing the previous upward space, and the price simultaneously retracing to the middle band of the Bollinger Bands as an important support level.



After successfully stabilizing at this point, the market has formed four consecutive bullish days with steady rebound and recovery, with the lows and highs of the market continuously rising, and the oscillating upward structure fully taking shape. The large-scale bullish trend remains solid and intact, and the overall upward pattern has not changed, still mainly maintaining a bullish outlook.

BTC retraces around 81,200-80,600, aiming higher at 82,200-84,000.

ETH retraces around 2,320-2,280, aiming higher at 2,350-2,450.
BTC0.59%
ETH-0.79%
View Original
post-image
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin