#数字资产市场动态 Bitcoin's recent four-hour consecutive bullish run, although it didn't break through the middle band of the Bollinger Bands in one go, the retracement process is interesting——trading volume shrinks, and the price repeatedly tests near key moving averages. What does this indicate? The selling above is mainly short-term traders taking profits and testing the trapped positions, not a sign of large funds fleeing.
The position of the middle Bollinger Band actually acts more like a tug-of-war line between bulls and bears. It seems to be a resistance, but when the price repeatedly changes hands around this level and tests it multiple times, it often switches roles——from resistance to support. This is the common technical analysis concept of "resistance turning into support," where market psychology and repeated battles are the real determinants.
This week's trading strategy: Bitcoin can attempt long positions in the 86500-86000 range below, with a stop loss set at 1000 points; the target above is directly at 92000. Keep your positions controlled, as the market will likely fluctuate within this range.
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GasFeeSobber
· 12h ago
The middle band of the Bollinger Bands is indeed an interesting level. The shrinking volume indicates that big players haven't run away yet.
Is it really that easy to break through 92,000? It feels like we're going to keep testing this level repeatedly.
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RektButSmiling
· 12h ago
The middle band of the Bollinger Bands is really a classic level to watch, every time it takes several attempts to break through.
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AirdropHunter9000
· 12h ago
Bollinger Bands are playing psychological games again. Can it break through the middle band this time?
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Decreasing volume indicates that big players are shaking out their positions. I've seen this signal too many times.
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Trying 86,500? I think we should wait a bit longer; there might still be room for a dip.
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The saying that resistance turns into support has been heard hundreds of times. The question is, when will it actually happen?
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Being too greedy at 92,000. First, protect 86,000 and then consider the next move.
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Repeatedly confirming that the moving averages are just absorbing the accumulation. Old trick.
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This series of consecutive green candles looks unstable; the pullback is a bit strange.
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Stop-loss at 1,000 points? That's quite bold. I need to set it at 1,500 before I can sleep peacefully.
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Short-term traders are just taking profits, indicating that the main force hasn't really pushed the price up.
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The tug-of-war line, and in the end, it was still smashed through by a whale in one move.
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BTCBeliefStation
· 12h ago
The middle band of the Bollinger Bands is indeed repeatedly confirmed. It's a pity that no one notices the details of shrinking volume.
Wait, a 1000-point stop loss? It's hard to even break even if it drops directly, haha.
92000? That's a bit greedy, but I believe it. If it can't reach, then forget it.
I'm also waiting around 86500 here, just see who can't break through first.
#数字资产市场动态 Bitcoin's recent four-hour consecutive bullish run, although it didn't break through the middle band of the Bollinger Bands in one go, the retracement process is interesting——trading volume shrinks, and the price repeatedly tests near key moving averages. What does this indicate? The selling above is mainly short-term traders taking profits and testing the trapped positions, not a sign of large funds fleeing.
The position of the middle Bollinger Band actually acts more like a tug-of-war line between bulls and bears. It seems to be a resistance, but when the price repeatedly changes hands around this level and tests it multiple times, it often switches roles——from resistance to support. This is the common technical analysis concept of "resistance turning into support," where market psychology and repeated battles are the real determinants.
This week's trading strategy: Bitcoin can attempt long positions in the 86500-86000 range below, with a stop loss set at 1000 points; the target above is directly at 92000. Keep your positions controlled, as the market will likely fluctuate within this range.