Looking at BTC's trend, a long lower shadow has appeared on the four-hour chart—what does this indicate? Buying pressure below is quite steady, with multiple formations of symmetrical bottoms at key levels, signaling that the bearish momentum is clearly weakening. On the hourly chart, after hitting the bottom, it started to rebound repeatedly, with alternating red and green candlesticks, a typical sign of a bottoming process being completed. The overall bullish pattern has been established, and the momentum feels good.
What about trading strategies? It's basically about entering at key support levels to set up for a low retracement buy, with strict stop-loss enforcement. Then, observe the breakout of previous resistance levels to determine targets. Swing trading opportunities should be seized in accordance with market trends.
**Specific reference levels:**
**Bitcoin(BTC)**: Consider bullish positions in the 89,700–90,200 range, with resistance levels at 90,700, 91,200, and 91,700.
**Ethereum(ETH)**: Enter around 2,950–3,000, with targets at 3,050, 3,100, and 3,150.
$BTC $ETH Continue to monitor the market rebound pace.
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SatoshiHeir
· 11h ago
It should be pointed out that the argument for this "symmetrical bottom" has obvious flaws—on-chain data shows that whale movements are the true indicator, and candlestick patterns should have been discarded long ago. Based on the fundamental principles of the white paper, price ultimately returns to consensus rather than the illusion of technical indicators.
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UncommonNPC
· 12-13 11:00
A long lower shadow indicates a bottom? I always feel like it's about to fake a breakout again... I've seen this trick too many times.
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CoinBasedThinking
· 12-13 11:00
A long lower shadow is indeed interesting, but whether this rebound can break through the previous resistance levels depends on the volume. Otherwise, it could just be a false breakout.
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MondayYoloFridayCry
· 12-13 10:47
The long lower shadow is starting to tell a story again. Every time, it says the bottom is in place, but the question is? It still depends on whether we can really break through 91200.
#数字资产生态回暖 【Evening Market Summary】
Looking at BTC's trend, a long lower shadow has appeared on the four-hour chart—what does this indicate? Buying pressure below is quite steady, with multiple formations of symmetrical bottoms at key levels, signaling that the bearish momentum is clearly weakening. On the hourly chart, after hitting the bottom, it started to rebound repeatedly, with alternating red and green candlesticks, a typical sign of a bottoming process being completed. The overall bullish pattern has been established, and the momentum feels good.
What about trading strategies? It's basically about entering at key support levels to set up for a low retracement buy, with strict stop-loss enforcement. Then, observe the breakout of previous resistance levels to determine targets. Swing trading opportunities should be seized in accordance with market trends.
**Specific reference levels:**
**Bitcoin(BTC)**: Consider bullish positions in the 89,700–90,200 range, with resistance levels at 90,700, 91,200, and 91,700.
**Ethereum(ETH)**: Enter around 2,950–3,000, with targets at 3,050, 3,100, and 3,150.
$BTC $ETH Continue to monitor the market rebound pace.