From the daily chart perspective, the core point is: Wednesday’s doji candle indeed signaled a continuation of the upward trend. Yesterday’s movement validated this well, and today, based on the 5-day moving average, it pushed higher again, reaching 4531 to hit a new high. If it pulls back, the main support is around 4470 (the 5-day moving average zone). Buying at this level is relatively safer, and following the trend to go long is a solid approach.
Interestingly, the recent shakeout pattern—rising during the Asian session, pulling back during the US session, then rising again in the early morning—this cycle is actually a "time-for-space" adjustment at high levels. Once the moving averages all shift upward, the probability of breaking new highs increases. It may look like turbulence, but in fact, it’s accumulating strength.
The hourly chart rhythm is particularly clear: rally → high-level consolidation → rally again, repeating in cycles. There’s also a time pattern: - 7:00 to 10:00 AM often sees consecutive bullish candles breaking highs - Most of the European session is sideways consolidation - After 10:00 PM, there’s often a sharp decline (usually 60-70 points) - Before and after midnight, a V-shaped rebound often occurs, recovering most of the decline
Tonight’s trading focus: watch the 4470-4460 zone (close to the daily 5 MA). If it stabilizes, it can be a good entry for longs; if a bottom is tested and then a bullish reversal with full-bodied candles appears, that confirms the signal further.
If the upward momentum continues late into the night, early next week could see a push toward 4530 and a breakthrough upward, with the next target in the 4569-4577 range. Of course, the pattern isn’t 100% accurate, and ultimately, key levels and candlestick signals will determine the next move. $BTC $ETH $BNB
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governance_lurker
· 7h ago
Is the 4470 level really that stable? It feels like it's almost breaking below every time.
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MetaverseLandlady
· 7h ago
I'm too familiar with this washout routine; it's just to tease people.
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MidnightSeller
· 7h ago
Here comes the manipulation again, this move is a bit fierce.
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DegenTherapist
· 7h ago
Speaking of which, this manipulation tactic is really tricky. The Asian and US sessions repeatedly perform a three-phase reversal in the early morning, and anyone who encounters it will be confused and tossed around.
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PrivateKeyParanoia
· 7h ago
This wave of shakeout tactics is truly impressive; just waiting for the V-shaped rebound in the early morning to scoop up the bottom.
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PerpetualLonger
· 7h ago
It's the same routine again, pushing up during the Asian session and pulling back during the US session. I keep getting cut in this repetitive cycle.
If 4470 can't hold, I'll add to my position. Anyway, the pattern is always the same, and my faith must not waver.
Next week, aiming for 4577. This time, I really feel like a breakout is coming. Fully loaded and waiting.
#美联储回购协议计划 12.26 Gold Technical Summary
From the daily chart perspective, the core point is: Wednesday’s doji candle indeed signaled a continuation of the upward trend. Yesterday’s movement validated this well, and today, based on the 5-day moving average, it pushed higher again, reaching 4531 to hit a new high. If it pulls back, the main support is around 4470 (the 5-day moving average zone). Buying at this level is relatively safer, and following the trend to go long is a solid approach.
Interestingly, the recent shakeout pattern—rising during the Asian session, pulling back during the US session, then rising again in the early morning—this cycle is actually a "time-for-space" adjustment at high levels. Once the moving averages all shift upward, the probability of breaking new highs increases. It may look like turbulence, but in fact, it’s accumulating strength.
The hourly chart rhythm is particularly clear: rally → high-level consolidation → rally again, repeating in cycles. There’s also a time pattern:
- 7:00 to 10:00 AM often sees consecutive bullish candles breaking highs
- Most of the European session is sideways consolidation
- After 10:00 PM, there’s often a sharp decline (usually 60-70 points)
- Before and after midnight, a V-shaped rebound often occurs, recovering most of the decline
Tonight’s trading focus: watch the 4470-4460 zone (close to the daily 5 MA). If it stabilizes, it can be a good entry for longs; if a bottom is tested and then a bullish reversal with full-bodied candles appears, that confirms the signal further.
If the upward momentum continues late into the night, early next week could see a push toward 4530 and a breakthrough upward, with the next target in the 4569-4577 range. Of course, the pattern isn’t 100% accurate, and ultimately, key levels and candlestick signals will determine the next move. $BTC $ETH $BNB