Looking at the four-hour charts of Bitcoin and Ethereum, after three consecutive bullish candles, the upward momentum is clearly weakening. Currently, the price is still hovering below the middle band of the Bollinger Bands. There is some support below, but the bulls have attempted to break through multiple times without success, indicating that buying interest has not yet fully gathered. From this trend, it seems that in the short term, a further pullback and adjustment may be necessary for a period of time, so everyone should be mentally prepared.
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AirdropLicker
· 01-09 17:23
It's starting to pull back again. This time, I really need to be patient and wait.
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ForeverBuyingDips
· 01-09 00:53
Starting to sit on the sidelines again, I already see that this move lacks strength.
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LiquiditySurfer
· 01-09 00:53
It was smashed down again, a typical false breakout.
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gas_fee_therapist
· 01-09 00:48
Enough, enough. Same old trick again, three bullish candles and you think it's taking off? Wake up, buddy.
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SudoRm-RfWallet/
· 01-09 00:47
It's weak. This bullish wave really has no strength. Maybe we should wait and see.
Looking at the four-hour charts of Bitcoin and Ethereum, after three consecutive bullish candles, the upward momentum is clearly weakening. Currently, the price is still hovering below the middle band of the Bollinger Bands. There is some support below, but the bulls have attempted to break through multiple times without success, indicating that buying interest has not yet fully gathered. From this trend, it seems that in the short term, a further pullback and adjustment may be necessary for a period of time, so everyone should be mentally prepared.