Bitcoin's recent price action is showing some interesting strength signals. After breaking back above the prior range lows, we're starting to see the foundations of a higher low structure taking shape—this typically follows after a liquidation sweep clears weak hands out. The momentum indicators are definitely perking up, though it's worth noting that BTC still hasn't cracked through that major resistance band sitting above. If price can hold steady at these current levels without dropping back into the sweep zone, it would be a clean confirmation that buyers are stepping in. That said, we're not quite at the breakout point yet—more consolidation could be in play before the next leg up.
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.
13 Likes
Reward
13
4
Repost
Share
Comment
0/400
BloodInStreets
· 5h ago
Another round of dumping to wipe out retail investors' funds, then they start spinning stories after clearing out the retail blood. Let's see how they come up with excuses when they can't get past that hurdle.
View OriginalReply0
ImpermanentLossFan
· 5h ago
Here comes another round of cleaning out retail investors; this trick is so old.
View OriginalReply0
AirdropCollector
· 5h ago
After such a long period of high-level fluctuation, there's finally a hint of a trend. Just worried that the rebound might crash again.
View OriginalReply0
AirdropHunterKing
· 5h ago
Starting to talk again about highs and lows, sweeping orders, all that. I just want to ask one thing—this time, isn't it another trap to lure more buyers? Last time, I fell for the "clean confirmation" thing and lost three months' salary directly. Looking at this trend now, I really can't tell if it's institutions accumulating or cutting the leeks. Anyway, I'm holding tightly onto my BTC in the wallet. Unless it truly breaks below that resistance line, I don't believe anyone's words.
Bitcoin's recent price action is showing some interesting strength signals. After breaking back above the prior range lows, we're starting to see the foundations of a higher low structure taking shape—this typically follows after a liquidation sweep clears weak hands out. The momentum indicators are definitely perking up, though it's worth noting that BTC still hasn't cracked through that major resistance band sitting above. If price can hold steady at these current levels without dropping back into the sweep zone, it would be a clean confirmation that buyers are stepping in. That said, we're not quite at the breakout point yet—more consolidation could be in play before the next leg up.