At the beginning of #ETH走势分析 12, the interpretation of BTC trend is here——

First, let's look at the multi-timeframe framework: The daily level is currently in a period of directional decision-making. Although the Bollinger Bands are narrowing, the upward channel remains intact. The 4-hour chart has been consolidating around the 91000 line, and the 90000 defense line is holding up for now. Although the 1-hour volatility is not large, the direction is actually clear—if there is a pullback in the evening session, it will be a good opportunity to build a position.

Let’s talk about indicator validation: The recent pullback was actually a healthy washout action. Four consecutive bullish candles broke directly through the middle Bollinger Band, with the MACD golden cross combined with the KDJ expanding upwards, clearly indicating a bullish momentum. The entire oscillating upward structure is quite solid.

How exactly to operate? You can consider entering in batches when it pulls back to the 90500-91200 range, with the first target at 92000 and the second target at 93000. If it breaks through this area, 95000 is also a possibility.

Remember, no matter how optimistic you are, you must set a stop-loss level. $BTC $ZEC $XRP