#大户持仓动态 The performance of Bitcoin and Ethereum in the midday session can be summed up in one word—flat. $BTC is moving back and forth within the 88,000 to 88,500 range, while $ETH is nestled between 2,970 and 2,985. The market has little momentum and no clear direction.
Looking at the 1-hour chart, you can see that after a rebound correction, prices have fallen back. The key secondary high point has not been broken, indicating insufficient strength. This round of rebound is essentially a technical correction; do not interpret it as a reversal signal, as that could lead to being trapped. The real resistance is above the 88,800 level, with the upper band of the Bollinger Bands right there.
So the strategy for the morning remains the same—continue to look for low-entry points. $BTC is to be bought within the 88,000 to 87,500 zone, with the first target around 89,500; $ETH follows the same logic, establishing longs between 2,950 and 2,930, aiming towards around 3,050.
Timing is crucial, don’t rush; wait for signals before going higher.
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RiddleMaster
· 19h ago
The 88800 line is holding strong; if it can't break, it's really just a consolidation range. Don't think too much about it.
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GoldDiggerDuck
· 20h ago
Is this line at 88800 really that strong? It feels like it's stuck every day.
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They've started recommending to buy at lower levels again. Last time when they said this, I got trapped directly, haha.
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It's really too flat, I think I'll continue to sleep and wait for signals.
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Does the upper band of the Bollinger Bands really work that well? I feel like it's just hindsight.
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I've been hearing the word 'wait' for a month now, can we really wait it out?
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I do want to scoop around 87500, but I just don't have the guts to pull the trigger.
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If 88800 breaks, will it just shoot straight to 90000? That's scary.
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ETH at this price really has no appeal, I still need to wait.
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They've been talking about insufficient strength for ages, so when will it be enough?
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According to this logic, it should have reversed a long time ago, why is it still dragging on?
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ForkMaster
· 12-20 23:07
Level 88800, it's the same old trick again. The project team always tries to break through here, but in the end, they're still stuck by the Bollinger Bands. As a parent of three kids, I'm already tired of this kind of move.
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RunWhenCut
· 12-20 23:01
This line at 88,800 can't be broken, so you still need to hold and wait for a signal. No need to rush.
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OnChainArchaeologist
· 12-20 22:49
88,000 back and forth, this is the market's temper towards us, it's boring.
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GateUser-1a2ed0b9
· 12-20 22:43
The platform is quiet, and the market really feels a bit stuck. The 88,800 level is still the big boss, so why can't it break through?
#大户持仓动态 The performance of Bitcoin and Ethereum in the midday session can be summed up in one word—flat. $BTC is moving back and forth within the 88,000 to 88,500 range, while $ETH is nestled between 2,970 and 2,985. The market has little momentum and no clear direction.
Looking at the 1-hour chart, you can see that after a rebound correction, prices have fallen back. The key secondary high point has not been broken, indicating insufficient strength. This round of rebound is essentially a technical correction; do not interpret it as a reversal signal, as that could lead to being trapped. The real resistance is above the 88,800 level, with the upper band of the Bollinger Bands right there.
So the strategy for the morning remains the same—continue to look for low-entry points. $BTC is to be bought within the 88,000 to 87,500 zone, with the first target around 89,500; $ETH follows the same logic, establishing longs between 2,950 and 2,930, aiming towards around 3,050.
Timing is crucial, don’t rush; wait for signals before going higher.