After the midday correction, Bitcoin remains firmly above the 90,000 level and has strongly recaptured the middle Bollinger Band, with robust buying support below. After both bulls and bears take profits, the bullish trend remains confident!
From the 4-hour technical perspective, the price rebounded after testing the lower Bollinger Band support and is currently stabilizing above the middle band, highlighting the bullish advantage; volume and price are well-coordinated—during the decline phase, volume decreased, and during the rebound, volume gradually increased, indicating clear entry signals. Trading Recommendations Enter long positions around 89,000-89,500 for Bitcoin, targeting 92,000-92,500 Enter long positions around 3,050-3,080 for Ethereum, targeting 3,200-3,230$BTC $ETH ##Gate广场创作者新春激励
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Evening Analysis
After the midday correction, Bitcoin remains firmly above the 90,000 level and has strongly recaptured the middle Bollinger Band, with robust buying support below. After both bulls and bears take profits, the bullish trend remains confident!
From the 4-hour technical perspective, the price rebounded after testing the lower Bollinger Band support and is currently stabilizing above the middle band, highlighting the bullish advantage; volume and price are well-coordinated—during the decline phase, volume decreased, and during the rebound, volume gradually increased, indicating clear entry signals.
Trading Recommendations
Enter long positions around 89,000-89,500 for Bitcoin, targeting 92,000-92,500
Enter long positions around 3,050-3,080 for Ethereum, targeting 3,200-3,230$BTC $ETH ##Gate广场创作者新春激励