Looking at this wave of market activity, Bitcoin's performance is indeed worth analyzing. From the overall market structure, the previous dip has already completed its correction, and it is now clearly entering a phase of oscillation with a slight upward bias. Technical patterns across multiple timeframes are confirming each other, making the trend direction quite clear.
On the four-hour chart, after the price stabilized around the 87189 level, it formed a clear upward channel—each pullback failed to effectively break below the previous consolidation support level. In terms of candlestick formation, small bullish candles and solid bullish candles alternate, steadily pushing upward, indicating that there is sufficient buying power below. The bulls are in control of the market rhythm, although there is a resistance zone above, the overall upward trend remains unchanged.
On the one-hour chart, the trend clearly shows a stair-step rise—each minor correction is well-controlled in size. Recent profit-taking at high levels is simply normal technical consolidation during the upward process, and should not be over-interpreted as a sign that the trend is weakening.
As long as the price does not break below that previous low area—i.e., the key support level—Bitcoin will maintain this oscillating upward main trend. In practical trading, the idea of "buying on dips" is reliable; setting long positions near support levels to target further upside is a sound strategy. The key is to closely monitor whether the support level is truly broken; if an unexpected breakdown occurs, the strategy must be adjusted immediately.
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MemeEchoer
· 18h ago
Waiting for a pullback to go long sounds good, just worried that if the support level breaks, it might drop sharply.
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MEVHunterX
· 18h ago
Talking about support levels again and about pulling back to buy low. I'm tired of this kind of rhetoric in the crypto world.
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unrekt.eth
· 19h ago
The reversal of the support level is a bit fierce this time, but I think we need to watch a bit more.
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TheShibaWhisperer
· 19h ago
87189 That line is really solid now, feels different this time. The bottom is receiving strong support.
A pullback to buy the dip is indeed a common tactic, but I'm just worried that a single needle could break the support level, and it would be too late to regret.
The stepwise rise looks comfortable and is much more reliable than a violent surge followed by a plunge.
The support level is the lifeline; once broken, you have to run. You need to react quickly in such situations.
The bulls are really in control of this wave, and the resistance zone can't suppress this momentum.
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MEVHunterZhang
· 19h ago
It's the same old "support level + pullback low buy" routine, always speaking so confidently... but this wave is indeed a bit interesting. Holding steady at 87189 feels truly different.
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AirdropCollector
· 19h ago
Still analyzing the technical aspect. I remain bullish as long as the support level holds; if it breaks, I will exit immediately.
Looking at this wave of market activity, Bitcoin's performance is indeed worth analyzing. From the overall market structure, the previous dip has already completed its correction, and it is now clearly entering a phase of oscillation with a slight upward bias. Technical patterns across multiple timeframes are confirming each other, making the trend direction quite clear.
On the four-hour chart, after the price stabilized around the 87189 level, it formed a clear upward channel—each pullback failed to effectively break below the previous consolidation support level. In terms of candlestick formation, small bullish candles and solid bullish candles alternate, steadily pushing upward, indicating that there is sufficient buying power below. The bulls are in control of the market rhythm, although there is a resistance zone above, the overall upward trend remains unchanged.
On the one-hour chart, the trend clearly shows a stair-step rise—each minor correction is well-controlled in size. Recent profit-taking at high levels is simply normal technical consolidation during the upward process, and should not be over-interpreted as a sign that the trend is weakening.
As long as the price does not break below that previous low area—i.e., the key support level—Bitcoin will maintain this oscillating upward main trend. In practical trading, the idea of "buying on dips" is reliable; setting long positions near support levels to target further upside is a sound strategy. The key is to closely monitor whether the support level is truly broken; if an unexpected breakdown occurs, the strategy must be adjusted immediately.