Bitcoin's performance yesterday was quite interesting — it slowly moved upward during the day, then suddenly plunged to 89,400 in the evening, and subsequently bounced back above 90,000. The four-hour chart shows clear upper and lower wicks, indicating that the support level has indeed held, forming symmetry with previous lows. The bearish momentum appears to be waning.
Looking at the hourly chart, it has already bottomed out and started to rebound, with candlesticks switching between bullish and bearish, gradually building a foundation. The bulls' momentum seems to have the opportunity to be unleashed.
**Recent Trading Strategy** is to focus on buy-offs around corrections:
**For BTC**: Consider long positions in the 89,000-90,000 range, targeting around 90,800-92,000.
**For ETH**: In the 3,080-3,110 range, consider going long with targets near 3,130-3,150.
The rhythm still depends on the strength of the pullbacks and the stability of the support levels; flexible adjustments are recommended.
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OffchainOracle
· 12-13 09:50
The support held, so it feels like a good time to buy the dip, just worried about another dump.
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LoneValidator
· 12-13 09:50
89400 that dip really was scary, but luckily I held. This time the bulls should have a chance.
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RektButStillHere
· 12-13 09:38
89400 that was really scary, luckily I didn't cut at the bottom... Now looking at this support level, it does have some firmness.
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GasFeeSobber
· 12-13 09:38
89400's jump was truly shocking, but the support held up pretty well. It feels like the bulls are about to start gaining momentum.
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PerpetualLonger
· 12-13 09:34
89400, that moment, I almost had a heart attack. Luckily, I bought the dip a bit, and I feel like I'm breaking even... Hmm, it's coming soon, right?
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SnapshotBot
· 12-13 09:32
89000 is really holding this position, feels like this rebound has potential
Finally waited for a pullback to go long, BTC is focusing on this range
Will ETH 3080 break in or not? I still feel it might drop a bit more
The bullish momentum is indeed building up, just see if it can hold through the weekend
The stability of the support level needs a couple more days to confirm, no need to rush
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HashRatePhilosopher
· 12-13 09:26
Last night's plunge was really scary; 89400 almost broke the support, but it held strong. It feels like this bottom is truly different this time.
#数字资产生态回暖 **Market Watch | Friday Midday Market Analysis**
Bitcoin's performance yesterday was quite interesting — it slowly moved upward during the day, then suddenly plunged to 89,400 in the evening, and subsequently bounced back above 90,000. The four-hour chart shows clear upper and lower wicks, indicating that the support level has indeed held, forming symmetry with previous lows. The bearish momentum appears to be waning.
Looking at the hourly chart, it has already bottomed out and started to rebound, with candlesticks switching between bullish and bearish, gradually building a foundation. The bulls' momentum seems to have the opportunity to be unleashed.
**Recent Trading Strategy** is to focus on buy-offs around corrections:
**For BTC**: Consider long positions in the 89,000-90,000 range, targeting around 90,800-92,000.
**For ETH**: In the 3,080-3,110 range, consider going long with targets near 3,130-3,150.
The rhythm still depends on the strength of the pullbacks and the stability of the support levels; flexible adjustments are recommended.