#密码资产动态追踪 BTC hit the 92,500 level today and got stuck, then started to fall back all the way down. It is now bouncing between 91,000 and 90,300. On the hourly K-line chart, the middle band was broken but it did not continue to fall toward the lower band. This semi-tilted state indicates that the bulls have lost most of their momentum.



From the Bollinger Bands pattern, the gap is continuously expanding—the upper band remains relatively stable, but the middle and lower bands are both tilting downward, clearly a bearish pattern. Although there was an attempt to touch the upper band during the early session, it was immediately pushed back. After losing the middle band, there was no significant rebound, which clearly indicates that the bulls are gradually retreating, and the bears are taking control of the rhythm.

For short-term trading opportunities: BTC can be shorted in the range of 91,900-92,600. A breakout below could target support at 89,900-88,400. The logic for ETH is similar, with short positions around 3,160-3,210, and a breakout target of 3,070-3,030. $BTC $ETH Currently, both are in a weak correction phase, and it is necessary to wait for clear signs of a trend reversal.
BTC-3,62%
ETH-6,87%
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
  • 7
  • Repost
  • Share
Comment
0/400
ShitcoinArbitrageurvip
· 01-13 23:14
92,500 is the ceiling, the bulls are really out of steam.
View OriginalReply0
CryptoGoldminevip
· 01-13 00:58
The Bollinger Bands are continuously widening, and I find this signal interesting. However, short-term shorting opportunities do exist, but more importantly, it's about the current hash rate profitability ratio. The weak adjustment period is often the golden time for positioning. --- That 92,500 point indeed didn't break through. After losing the middle band, there was no rebound momentum, and this is quite evident from the data. --- I agree with the idea of waiting for a sign of stabilization, but personally, I think instead of chasing short positions, it's better to observe how this wave of adjustment affects mining difficulty. From an ROI perspective, it might be more worth paying attention to. --- From a technical standpoint, there's no problem with the bears controlling the rhythm, but the real opportunities might still be ahead. Rushing to short now could easily lead to pitfalls. --- The Bollinger Band pattern indeed shows clear bearish characteristics, but what I care more about is the change in mining pool profitability during this weak adjustment period, which often explains the situation better than short-term charts. --- Losing the middle band and failing to rebound strongly—this analytical logic is sound. The key is whether the support at 89,900-88,400 can really hold, which depends on the subsequent movements of the hash rate network.
View OriginalReply0
AirdropATMvip
· 01-12 21:40
92,500 has been smashed down again. These bulls are really just hot air; they can't hold up at all.
View OriginalReply0
GateUser-b23b364fvip
· 01-12 21:34
Vryvaytes 🚀
View OriginalReply0
GateUser-b23b364fvip
· 01-12 21:34
Hold tight 💪
View OriginalReply0
GateUser-3824aa38vip
· 01-12 21:18
Breaking through 92,500 is impossible; the bulls are really losing momentum. This wave of shorting is definitely the way to go.
View OriginalReply0
BlockchainWorkervip
· 01-12 21:11
92,500 has been held down, this bullish trend really has no hope, I don't even want to watch anymore.
View OriginalReply0
  • 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)