#数字货币市场回调 I looked at the 4-hour chart, and the Bollinger Bands finally ended the Sideways movement last night. Now the opening is clearly expanding, and the three lines seem to be moving upwards. In the afternoon, it was still overall range-bound with a slow rise, and then suddenly there was a strong pump in the evening.
The current price is stable around 90700, the three lines of KDJ are continuously moving upwards, and the moving average values have already reached the overbought zone. The overall trend is still upward.
Looking at the 1-hour timeframe: The Bollinger Bands continue to expand, increasing short-term volatility. Both the middle and upper bands are climbing upwards, with the price standing above the upper band. Although the MACD is still below the zero line, it has already turned upwards, and the green bars are continuously increasing. The short-term upward space is completely opened, and the bullish momentum is very strong.
Ethereum is basically in sync with $BTC , showing strong correlation. Therefore, the operational strategy at midnight continues the evening strategy—mainly to buy on dips.
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SnapshotDayLaborer
· 12-05 16:16
That surge last night was really strong, finally broke out of the sideways range...
It's already entered the overbought zone and still pushing higher, this momentum is pretty fierce.
Buy the dip on a pullback? Depends on how far it pulls back, don't chase the highs.
Ethereum still feels a bit laggy in following the trend.
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GasFeeCrier
· 12-02 16:50
90700 This wave is indeed fierce, but has there really been no risk standing in the overbought zone for so long?
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MonkeySeeMonkeyDo
· 12-02 16:39
This evening's pump is indeed a bit fierce, but do you really dare to buy in like this in the overbought zone?
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TradFiRefugee
· 12-02 16:26
The pump tonight is really fierce, finally breaking the dull situation after half a day.
#数字货币市场回调 I looked at the 4-hour chart, and the Bollinger Bands finally ended the Sideways movement last night. Now the opening is clearly expanding, and the three lines seem to be moving upwards. In the afternoon, it was still overall range-bound with a slow rise, and then suddenly there was a strong pump in the evening.
The current price is stable around 90700, the three lines of KDJ are continuously moving upwards, and the moving average values have already reached the overbought zone. The overall trend is still upward.
Looking at the 1-hour timeframe: The Bollinger Bands continue to expand, increasing short-term volatility. Both the middle and upper bands are climbing upwards, with the price standing above the upper band. Although the MACD is still below the zero line, it has already turned upwards, and the green bars are continuously increasing. The short-term upward space is completely opened, and the bullish momentum is very strong.
Ethereum is basically in sync with $BTC , showing strong correlation. Therefore, the operational strategy at midnight continues the evening strategy—mainly to buy on dips.