Yesterday's market movement was a typical "bottoming out and rebound" pattern—Bitcoin hit around 86,400 and didn't break further down, instead bouncing back to 88,000 in the early morning. What does this indicate? Trading volume shifted from shrinking to expanding, and the long lower shadow on the candlestick suggests aggressive accumulation at low levels.
From the four-hour chart, the bearish momentum is clearly weakening, although the price once approached the mid-line but failed to hold. On the hourly level, buying pressure has slightly decreased, but overall it’s still trending upward, so short-term caution for technical corrections is advised.
The current strategy is to continue building long positions at low levels, waiting for a rebound to ride.
**Reference Trading Directions:**
• $BTC: Long in the 86,600-87,100 range, targeting 88,600-89,100 • $ETH: Long in the 2,890-2,920 range, aiming for around 3,050 • $SOL: Watch for subsequent trend developments
Market liquidity is improving, which is a positive sign for the bulls.
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.
5 Likes
Reward
5
4
Repost
Share
Comment
0/400
GasWastingMaximalist
· 10h ago
The accumulation at the low level is so fierce, it feels like they're about to start harvesting the little guys again.
View OriginalReply0
ContractBugHunter
· 10h ago
The accumulation at the low levels is so aggressive, it feels like the main force is holding back a big move.
View OriginalReply0
TxFailed
· 10h ago
nah that long wick screams capitulation liquidation cascade tbh... seen this movie before, always ends the same way lol
Reply0
SingleForYears
· 10h ago
Such aggressive accumulation at a low level, you should have bought in early.
#美联储回购协议计划 **Quick Market Overview for Today**
Yesterday's market movement was a typical "bottoming out and rebound" pattern—Bitcoin hit around 86,400 and didn't break further down, instead bouncing back to 88,000 in the early morning. What does this indicate? Trading volume shifted from shrinking to expanding, and the long lower shadow on the candlestick suggests aggressive accumulation at low levels.
From the four-hour chart, the bearish momentum is clearly weakening, although the price once approached the mid-line but failed to hold. On the hourly level, buying pressure has slightly decreased, but overall it’s still trending upward, so short-term caution for technical corrections is advised.
The current strategy is to continue building long positions at low levels, waiting for a rebound to ride.
**Reference Trading Directions:**
• $BTC: Long in the 86,600-87,100 range, targeting 88,600-89,100
• $ETH: Long in the 2,890-2,920 range, aiming for around 3,050
• $SOL: Watch for subsequent trend developments
Market liquidity is improving, which is a positive sign for the bulls.