On Friday morning, Bitcoin rebounded from yesterday's low of 89,180 and oscillated up to the 91,000 level, repeatedly pulling back. Ethereum also retraced to the 3,060 level, failing to break through the 3,000 mark, but then quickly rebounded, with the most significant gains occurring overnight and in the early morning.
From a technical perspective, the four-hour K-line has been consecutively bullish, with overall momentum clearly upward. Bitcoin has stabilized above the middle band of the Bollinger Bands, which is a crucial point—the lower band provides strong support, and the one-hour chart shows signs of support warming up. In other words, the current environment for going long is still quite favorable.
Operationally, the outlook is as follows: Bitcoin can consider entering long positions in the 91,000-90,800 range, with the first target set at 93,000. Ethereum is also suitable for buying on dips around 3,100-3,080, with an eye on 3,200. In the short term, the strong performance of these two assets can continue, as long as they hold these support levels.
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DeFiVeteran
· 01-11 18:40
Middle band of Bollinger Bands holds firm, this time I feel confident
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FlashLoanLarry
· 01-09 10:47
The middle band of the Bollinger Bands held steady, so there's still hope in this wave.
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BearMarketSurvivor
· 01-09 02:56
As long as the middle band of the Bollinger Bands holds, it's fine, but don't forget the line at 89180. If it breaks below, you need to consider stopping loss; that's the bottom line.
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memecoin_therapy
· 01-09 02:53
That middle line of the Bollinger Bands, I knew it was time to buy the dip, but I still have to wait and see
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HalfPositionRunner
· 01-09 02:48
The middle band of the Bollinger Bands held steady, so there's still hope for this bullish move.
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NFTDreamer
· 01-09 02:40
The middle band of the Bollinger Bands is holding up; there's still hope in this wave.
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SchrodingersFOMO
· 01-09 02:33
This 91,000 level is really being pulled back and forth. Whether the middle band of the Bollinger Bands can hold depends on this wave.
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DegenDreamer
· 01-09 02:33
The 91,000 level is indeed a bit sticky, but holding the middle band of the Bollinger Bands still feels like a continuation of the bullish trend.
On Friday morning, Bitcoin rebounded from yesterday's low of 89,180 and oscillated up to the 91,000 level, repeatedly pulling back. Ethereum also retraced to the 3,060 level, failing to break through the 3,000 mark, but then quickly rebounded, with the most significant gains occurring overnight and in the early morning.
From a technical perspective, the four-hour K-line has been consecutively bullish, with overall momentum clearly upward. Bitcoin has stabilized above the middle band of the Bollinger Bands, which is a crucial point—the lower band provides strong support, and the one-hour chart shows signs of support warming up. In other words, the current environment for going long is still quite favorable.
Operationally, the outlook is as follows: Bitcoin can consider entering long positions in the 91,000-90,800 range, with the first target set at 93,000. Ethereum is also suitable for buying on dips around 3,100-3,080, with an eye on 3,200. In the short term, the strong performance of these two assets can continue, as long as they hold these support levels.