Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

#数字货币市场回调 The trend that has climbed up from 83700 is indeed quite stable, stepping up all the way, directly breaking through the barrier of 91000, and reaching a peak near 91900 before taking a breather. Now it's hovering around 91600, which is actually a normal pause after the breakthrough, and the structure of the rise hasn't dissipated.



The technical outlook looks quite solid - the moving averages on the daily and 4-hour charts are all converging in the same direction, the MACD continues to gain momentum above the zero line, and although the RSI has surged into the overbought area, there hasn't been any sign of a bearish divergence yet. The increase in trading volume combined with the indicators resonating suggests that the bullish momentum hasn't subsided. If it can hold the 91000 to 91200 range in the short term, it will be considered stable, and then targeting the 93000-93500 area should not be a big issue.

The operational idea is still to follow the trend, but don't foolishly buy at high positions. Wait for it to pull back and stabilize at the support zone of 90500-91200 before entering in batches, with a stop loss firmly set below 90000 - this discipline must be maintained.
BTC0.42%
View Original
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.
  • Reward
  • 9
  • Repost
  • Share
Comment
0/400
MissedAirdropBrovip
· 7h ago
Once 91000 is broken, you'll know 93000 is solid. This move is indeed something, but anyone buying at the top will end up losing.
View OriginalReply0
GateUser-a180694bvip
· 12-03 12:02
Only taking a break at 91900, this round does feel a bit steady, just worried about getting trapped if there's a pullback.
View OriginalReply0
BearEatsAllvip
· 12-02 18:53
Hey, 91600 is indeed a good Accumulation position, just see if it can hold this psychological barrier. --- The long positions this wave really didn't flinch, the technical resonance is indeed a bit harsh. --- Haha, you're right, don't be a fool at high positions, it's safer to wait for it to Whipsaw before entering a position. --- If this support can't hold, it will be really awkward, and then it will directly test 90000. --- The biggest fear of stair-step rise is a sudden collapse, it feels like the risk is a bit high. --- By the way, can RSI still go up after spiking in? It's a bit precarious. --- 93000 is indeed a good target level, just don't know if it can smoothly reach there. --- The idea of entering in batches is fine, just see if 90500 can hold.
View OriginalReply0
ILCollectorvip
· 12-02 18:49
91900 just wants to run, do you think long positions are paper tigers?
View OriginalReply0
WhaleStalkervip
· 12-02 18:48
91900 has stopped, but it feels like it can keep going. Why not push up to 93000 in one go?
View OriginalReply0
0xLostKeyvip
· 12-02 18:43
If 91000 breaks, I'll just go in directly. Now we need to see if we can hold this position; otherwise, we'll have to go back to 88000 to have tea.
View OriginalReply0
TokenCreatorOPvip
· 12-02 18:42
The 91900 point was really worth the wait, now let's see if we can hold 91200, it feels like there's still a chance.
View OriginalReply0
GateUser-4745f9cevip
· 12-02 18:33
91900 is where we take a break, this wave is indeed a bit intense, but the key is still not to chase the price.
View OriginalReply0
WalletWhisperervip
· 12-02 18:24
the accumulation pattern here's textbook whale behavior ngl... watching address clustering around 91k-91.2k support like they're painting the bottom before the next leg up. transaction velocity's been sus quiet tho, which tracks with what you're saying about the consolidation phase. those volume nodes aren't lying but smth tells me the real signal's in what *isn't* moving yet...
Reply0
View More
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)