#数字货币市场洞察 Last week, Bitcoin was fluctuating back and forth in the 88,000-93,000 range, with both bulls and bears fighting fiercely.
From the perspective of candlestick charts, things are getting interesting. The moving averages are fully favoring the bulls, and with three consecutive bullish candles recently, this confluence signal is quite strong. Short-term momentum is clearly building up. Although trading volume has shrunk a bit and there’s some divergence between volume and price, the lows are gradually rising, and the highs keep breaking out. Each wave of movement is unfolding according to the established structure. The potential for a rebound still exists.
Specifically:
Bitcoin can be considered for long positions around the 90,500-91,000 level, with an initial target at 93,000. If 93,000 can be broken, then the 94,500-95,000 range above 93,000 is worth paying close attention to.
For Ethereum, 3,100-3,130 is a buy zone, with the first target at 3,180. If 3,180 holds, then 3,220 will come into view.
$BTC $ETH The rhythm for these two mainstream coins is almost the same; a breakout in one often means the other has an opportunity as well.
Of course, the market changes rapidly, and technical analysis should always be used for reference only—risk management is always the top priority.
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blockBoy
· 19h ago
I've seen price-volume divergence happen too many times, and in the end, it always backfires.
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GateUser-1a2ed0b9
· 12-08 13:31
The divergence between volume and price is really annoying; I've already fallen into that trap before.
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Rugpull幸存者
· 12-08 11:00
I always feel there's something off about the divergence between volume and price. How can you dare to chase the highs when trading volume has shrunk this much?
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GateUser-9ad11037
· 12-08 10:59
The explanation about the divergence between volume and price is quite good. When the trading volume shrinks but the price still pushes upward, it always feels a bit shaky.
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AirdropFreedom
· 12-08 10:59
There’s a divergence between volume and price, yet it’s still pushing higher. Is it for real this time? I keep feeling like I’m going to miss out.
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ForkItAllDay
· 12-08 10:47
The divergence between volume and price is interesting; it feels like this surge might not have enough momentum.
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StablecoinSkeptic
· 12-08 10:43
The volume-price divergence routine is here again. Every time they say the lows are getting higher, but in the end, it just comforts those who are trapped.
#数字货币市场洞察 Last week, Bitcoin was fluctuating back and forth in the 88,000-93,000 range, with both bulls and bears fighting fiercely.
From the perspective of candlestick charts, things are getting interesting. The moving averages are fully favoring the bulls, and with three consecutive bullish candles recently, this confluence signal is quite strong. Short-term momentum is clearly building up. Although trading volume has shrunk a bit and there’s some divergence between volume and price, the lows are gradually rising, and the highs keep breaking out. Each wave of movement is unfolding according to the established structure. The potential for a rebound still exists.
Specifically:
Bitcoin can be considered for long positions around the 90,500-91,000 level, with an initial target at 93,000. If 93,000 can be broken, then the 94,500-95,000 range above 93,000 is worth paying close attention to.
For Ethereum, 3,100-3,130 is a buy zone, with the first target at 3,180. If 3,180 holds, then 3,220 will come into view.
$BTC $ETH The rhythm for these two mainstream coins is almost the same; a breakout in one often means the other has an opportunity as well.
Of course, the market changes rapidly, and technical analysis should always be used for reference only—risk management is always the top priority.