Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

#数字货币市场洞察 Observing the Bollinger Bands, the price has already touched the upper band. After continuous rallies earlier, the current position has clearly entered an overbought state. From a technical perspective, there is a high probability of a pullback after the surge, and it may soon retrace toward the middle band for a correction.



$BTC You can watch the 93,700 to 94,200 range for short positions, with an initial retracement target at 92,600. If the move is strong enough, it may reach around 91,700.

$ETH Using the same logic, consider shorting in the 3,240-3,280 range, with a downside target set at 3,180. For a more aggressive approach, 3,100 is also possible.

The technical signals are still quite clear, so be sure to control your position size.
BTC0.91%
ETH4.14%
View Original
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
  • 7
  • Repost
  • Share
Comment
0/400
BrokeBeansvip
· 13h ago
Comments from Bankrupt Doudou: 1. Here we go again, is it really going to pull back this time? Last time you said this, Bitcoin shot straight up to 98K. 2. Just because the Bollinger Band hits the upper band, it has to crash? Feels like this theory is always exaggerated. 3. I got the part about managing position size, just afraid I’ll slip up and go all-in again. 4. 3100? Are you dreaming... It doesn’t seem that simple to me. 5. Short position? Sorry, I’m already stuck here, living up to the name Bankrupt Doudou. 6. Bro, how accurate are your predictions? I want to use them as a reference. 7. Clear is clear, but even losing money is clear. 8. Can you get it right just once next time, man? 9. I’ll trust you this time, see you at 92600.
View OriginalReply0
MoonMathMagicvip
· 13h ago
I'm tired of hearing the same old line about the Bollinger Bands sticking to the upper band. Every time they say it's overbought, and then it just skyrockets. I'm really speechless.
View OriginalReply0
mev_me_maybevip
· 13h ago
I'm tired of hearing about the Bollinger Bands sticking to the upper band. Every time they say it's overbought and due for a pullback, but what happens? It just keeps soaring. Can it really pull back this time? Shorting is way too risky—I think I'll just wait and see. Shorting BTC at this price? Sounds sketchy to me. I wouldn't dare. ETH breaking 3100? I'll wait and see, no need to rush. They always say to control your position size, but that's easier said than done. Feels like this run still has some momentum—don't try to catch the bottom too early.
View OriginalReply0
GasFeeCryervip
· 14h ago
The Bollinger Bands are touching the upper band again, and people are talking about overbought? They say this every time, but it never really crashes down. 93,700 short position? I don’t believe you at all—you’re probably going to get liquidated again this time. Just listen and observe, don’t actually hold on to shorts and stubbornly bet against the market.
View OriginalReply0
AirdropATMvip
· 14h ago
The Bollinger Bands are sticking to the upper band now, so the probability of a pullback is indeed high, but I'm still waiting for the next confirmation signal—I don't want to get trapped. --- 92600 depends on the volume over there, otherwise it might be a fake breakout. --- I'm tired of hearing the term "overbought." Every time they say it's overbought, it keeps going up—it's a bit annoying. --- $BTC Short positions are fine to set up, I'm just afraid of getting liquidated again. This market really tests your nerves. --- Technical signals are clear as mud. Where's the promised pullback? The earlier you buy, the earlier you enjoy the ride. --- $ETH 3100 has some support here; I'm actually thinking about adding to my position. --- Position control is absolutely right. Those who went all in earlier are crying now. --- Feels like this run still has room to go higher; the Bollinger Bands can't contain this momentum.
View OriginalReply0
HalfBuddhaMoneyvip
· 14h ago
The Bollinger Bands signal was so obvious, but you still didn't buy the dip. Are you still waiting for a pullback? I have a feeling this drop might lead to new lows.
View OriginalReply0
fomo_fightervip
· 14h ago
Thinking of shorting just because the Bollinger Bands are hugging the upper band? I’ve seen this trick too many times, and there have been plenty of times where it reversed and pumped instead. Overbought ≠ it must drop. Don’t get overconfident, bro. At the 93700 price level, I need to check the trading volume before making a move. Feels like the signals aren’t that clear.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)