The four-hour chart of Bitcoin is quite interesting this wave. After a strong rally from 89240, it now faces a dilemma—Bollinger Bands are tightening, with the upper band starting to turn down and the lower band lifting up, leaving less and less space in between. However, this precisely indicates that energy is accumulating, and the time to choose a direction is approaching.
The support at the lower band is very solid, with recent lows gradually rising, and the bottom structure becoming more apparent. The retracement space has been severely compressed. The key point is that the MACD green bars are continuously shortening— a typical bullish divergence signal, meaning the bulls are quietly gathering strength. Once the Bollinger Bands open upward, the previous high will likely be challenged again, and new highs are probably just around the corner.
📍 $BTC: Watch the 93100-93700 range, with resistance at 94300-96500, and if broken, target 98000. 📍 $ETH: Opportunities around 3220-3260, aiming for 3290-3400, further up to 3550.
This consolidation is just energy buildup. Once the Bollinger Bands open, the market will start to move.
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JustAnotherWallet
· 9h ago
The Bollinger Bands are opening up, the bulls are holding back a big move, this wave of buildup feels different.
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RumbleValidator
· 9h ago
The Bollinger Bands squeeze node is indeed interesting, with solid bottom divergence signals. The data speaks for itself and can't be lied about. The key still depends on the stability of node verification — raising the support level can't just be judged by candlesticks; it needs to be confirmed through on-chain verification to be reliable.
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failed_dev_successful_ape
· 9h ago
The Bollinger Bands open up and take off, now it's just waiting for the gunshot moment.
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HashRatePhilosopher
· 9h ago
The bullish divergence this time is really interesting. The signal of energy accumulation is indeed obvious. Just waiting for the moment of breakout through the Bollinger Bands.
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PretendingToReadDocs
· 9h ago
I've heard the Bollinger Bands tightening too many times; the real test is when it breaks out. It's still too early to talk about building momentum now.
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0xSoulless
· 9h ago
Bollinger Bands narrowing, bottom divergence, gathering strength... same old story. Does the market really go up every time I say this? I remember the last time I analyzed it this way, it was directly crushed down.
#Strategy加仓BTC 1.18 Market Quick Analysis|$BTC $ETH Technical Outlook
The four-hour chart of Bitcoin is quite interesting this wave. After a strong rally from 89240, it now faces a dilemma—Bollinger Bands are tightening, with the upper band starting to turn down and the lower band lifting up, leaving less and less space in between. However, this precisely indicates that energy is accumulating, and the time to choose a direction is approaching.
The support at the lower band is very solid, with recent lows gradually rising, and the bottom structure becoming more apparent. The retracement space has been severely compressed. The key point is that the MACD green bars are continuously shortening— a typical bullish divergence signal, meaning the bulls are quietly gathering strength. Once the Bollinger Bands open upward, the previous high will likely be challenged again, and new highs are probably just around the corner.
📍 $BTC: Watch the 93100-93700 range, with resistance at 94300-96500, and if broken, target 98000.
📍 $ETH: Opportunities around 3220-3260, aiming for 3290-3400, further up to 3550.
This consolidation is just energy buildup. Once the Bollinger Bands open, the market will start to move.