Bitcoin's recent rally has stabilized. Several consecutive K-lines have held above 87,000, mainly oscillating within the 87,000 to 88,000 range. From a technical perspective, it shows a pattern of first bottoming out and then rebounding, now entering a consolidation phase within the range.



It is worth noting that trading volume has decreased, but the price has not made new lows—what does this indicate? It suggests that selling pressure has significantly eased, and the chips are gradually consolidating.

Looking at the four-hour timeframe, the BOLL bands are beginning to tighten and flatten, which is often a prelude to a major move. Coupled with the current stable formation at low levels, the likelihood of an upward breakout is higher.

Short-term trading strategy: Gradually build long positions in the 87,200 to 87,500 range, targeting the 89,000 to 90,000 zone. The specific take-profit points should be flexibly adjusted based on the strength of the upward momentum at the time.
BTC2.22%
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
  • 5
  • Repost
  • Share
Comment
0/400
BearWhisperGodvip
· 7h ago
87,000 has stabilized. This wave indeed feels different; trading volume has shrunk but the price hasn't broken new lows, indicating that bottom-fishing has already entered the market.
View OriginalReply0
BetterLuckyThanSmartvip
· 7h ago
87,000 is a good signal to hold steady. When BOLL tightens, just wait for the breakout. Feels like there's a chance this wave will succeed.
View OriginalReply0
UnluckyLemurvip
· 7h ago
87000, stop messing around and wait for the breakout. Entering now is just a doomed move.
View OriginalReply0
BlockchainWorkervip
· 7h ago
Has the 87,000 level stabilized? Can it really break 90 this time? I feel like I've heard that before...
View OriginalReply0
MevWhisperervip
· 7h ago
87000 this level indeed held, but I still want to wait before entering, afraid of another sudden dump --- Concentrated chips sound good, but shrinking trading volume is also quite dangerous, be careful of false breakouts --- BOLL flattening? Okay, I believe you can reach 90 this wave, just don't trap me then --- Building long positions in batches is a good move, much smarter than going all-in at once --- Everyone entering now is probably a gambler, I still prefer to wait and see --- Going from 89 to 90 is a bit greedy, I think 88500 should be the point to exit --- Stabilizing at a low level sounds good, but actually it just means no one dares to sell, there will definitely be repeated fluctuations in the middle --- This analysis looks professional, but it still feels like describing what has already happened. Who can accurately see the real turning point?
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 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)