BTC and the overall market saw a short-term rally in the early morning, with multiple positive technical signals emerging. On the daily chart, bearish momentum continues to weaken, and both KDJ and MACD indicators are showing increased volume. The 12-hour KDJ has formed a golden cross and is trending upwards, with the price holding above the BOLL middle band.
The current market’s short-term trend is clear. In this upward consolidation pattern, buying on pullbacks is the optimal strategy, with a focus on the effectiveness of the middle band support.
Trading suggestion: Go long around 90800-90000, target 92800-94000. If it breaks out, continue to look higher; if it fails to break, reverse accordingly. #加密市场回暖 $BTC $ETH $XRP
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
BTC and the overall market saw a short-term rally in the early morning, with multiple positive technical signals emerging. On the daily chart, bearish momentum continues to weaken, and both KDJ and MACD indicators are showing increased volume. The 12-hour KDJ has formed a golden cross and is trending upwards, with the price holding above the BOLL middle band.
The current market’s short-term trend is clear. In this upward consolidation pattern, buying on pullbacks is the optimal strategy, with a focus on the effectiveness of the middle band support.
Trading suggestion: Go long around 90800-90000, target 92800-94000. If it breaks out, continue to look higher; if it fails to break, reverse accordingly.
#加密市场回暖 $BTC $ETH $XRP