From the 4-hour K-line chart, the Bollinger Bands have already opened and are diverging downward, which is a clear sign of correction. The MACD is also moving downward, and the bullish momentum bars are shrinking. The KDJ has even started to turn downward. Basically, the bullish strength is gradually weakening.
Looking at the 1-hour details: the Bollinger Bands continue to decline, and there are no signs of a rebound in the MACD; instead, it is breaking down further. However, the momentum bars are interesting—they show mild volume expansion, indicating that market participants are still testing the waters. But the KDJ has already formed a death cross and is still heading downward, which means the short-term correction pressure is indeed increasing.
Trader’s perspective:
For BTC, the 93,200-93,700 range remains a resistance zone. If the price continues to decline, the key support levels are around 92,100-91,300.
ETH's movement is similar; the current critical area is 3,270-3,290, with support below at 3,220-3,190.
$BTC $ETH is in a short-term correction phase. For swing trading, it is recommended to observe whether the support can hold.
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MoonRocketman
· 3h ago
The Bollinger Bands are opening and diverging downward, indicating a precursor to a gravity pullback... The KDJ dead cross is moving downward, suggesting that short-term momentum is indeed leaking. However, the moderate volume indicates that some are still testing the launch window. Whether the 92100 support line can hold is crucial; if it can't, we'll need to recalculate the escape velocity.
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GasBankrupter
· 3h ago
Sigh, it's the same dead cross theory again. Every time, they say the rebound after adjustment will be even more fierce. Is it really going to drop this time?
When the Bollinger Bands open, I know it's going to be turbulent. Can that 92100 line really hold? Honestly, it's a bit uncertain.
The KDJ has a dead cross but is still gradually increasing volume? That's contradictory, isn't it?
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GweiWatcher
· 3h ago
Bollinger Bands are acting up again. This time, it really feels like the support is being tested. Can the 92100 level hold?
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It's another adjustment pressure. I’m most annoyed by this KDJ death cross situation. Let’s see if 91300 can hold.
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Gentle volume increase? I think it’s the market’s final test before cutting the leeks haha.
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This wave makes it feel like the bulls are really out of steam. Let’s stay on the sidelines for now and not be reckless.
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ETH’s 3220 is probably the last bottom line. If it breaks, consider reducing your position.
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Adding to BTC? Now? Are you sure, brother? I’m still watching the support.
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If it’s already turning downward, why add more? Let the bullets fly first.
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HashBard
· 3h ago
bruhhh the bears are literally writing poetry with these candlesticks rn... bollinger bands opening like a death knell, macd already gave up the ghost, kdj is full-on ded cross. this isn't even a narrative shift anymore, it's just the old story playing out in reverse
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memecoin_therapy
· 3h ago
Bollinger Bands opening signals trouble; this rally, the bulls are really losing strength.
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Same old story again. If support can't hold, it will continue to decline. Anyway, I'm already numb.
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Mild volume increase? Bro, I’d laugh if that’s called mild; it’s clearly testing the bottom line.
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Why is the 93,200 level so tough? Feels like breaking through is only a matter of time.
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ETH following the trend even more ridiculously, completely out of its own rhythm.
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A death cross is a death cross; stop with these illusions. Just ask if it can rebound.
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It's hard to watch. Might as well wait and not rush to get in.
#Strategy加仓BTC Monday morning market overview:
From the 4-hour K-line chart, the Bollinger Bands have already opened and are diverging downward, which is a clear sign of correction. The MACD is also moving downward, and the bullish momentum bars are shrinking. The KDJ has even started to turn downward. Basically, the bullish strength is gradually weakening.
Looking at the 1-hour details: the Bollinger Bands continue to decline, and there are no signs of a rebound in the MACD; instead, it is breaking down further. However, the momentum bars are interesting—they show mild volume expansion, indicating that market participants are still testing the waters. But the KDJ has already formed a death cross and is still heading downward, which means the short-term correction pressure is indeed increasing.
Trader’s perspective:
For BTC, the 93,200-93,700 range remains a resistance zone. If the price continues to decline, the key support levels are around 92,100-91,300.
ETH's movement is similar; the current critical area is 3,270-3,290, with support below at 3,220-3,190.
$BTC $ETH is in a short-term correction phase. For swing trading, it is recommended to observe whether the support can hold.