The recent movement of Bitcoin has been quite interesting. The strategy of accumulating on dips early in the session has indeed paid off, as the one-hour K-line now shows five consecutive bullish candles, and the MACD indicator is also crossing upward and diverging, indicating strong technical momentum. In the short term, the main approach is to buy on dips, with the possibility of establishing long positions around 88,000. Keep an eye on the resistance line at 89,000. Ethereum's rhythm is similar; there is an opportunity to enter around 2,950, with a target of 3,020. At this stage, pullbacks are opportunities, so there's no need to rush.
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.
16 Likes
Reward
16
6
Repost
Share
Comment
0/400
MissingSats
· 1h ago
Five consecutive bullish candles are exciting, but why do I still not dare to get on board...
View OriginalReply0
LiquidityWizard
· 13h ago
Five consecutive bullish candles, this rhythm is really comfortable. 88000 really should be the entry point.
View OriginalReply0
Fren_Not_Food
· 13h ago
Five consecutive bullish candles have appeared, right? This move definitely has some substance.
View OriginalReply0
BasementAlchemist
· 13h ago
Five consecutive bullish candles are useless; the key is whether it can break 89,000.
View OriginalReply0
MerkleMaid
· 13h ago
Just five bullish candles and I want to laugh. Let's see if it can break 89,000 first.
View OriginalReply0
Layer2Arbitrageur
· 13h ago
lmao MACD divergence on 1h? that's cute. actually if you ran the numbers on cross-chain basis spreads during these exact candles, you're leaving thousands in MEV on the table rn
The recent movement of Bitcoin has been quite interesting. The strategy of accumulating on dips early in the session has indeed paid off, as the one-hour K-line now shows five consecutive bullish candles, and the MACD indicator is also crossing upward and diverging, indicating strong technical momentum. In the short term, the main approach is to buy on dips, with the possibility of establishing long positions around 88,000. Keep an eye on the resistance line at 89,000. Ethereum's rhythm is similar; there is an opportunity to enter around 2,950, with a target of 3,020. At this stage, pullbacks are opportunities, so there's no need to rush.