#数字资产市场动态 BTC surged to 87956.9 this morning and then faced resistance and pulled back. Currently, it is oscillating around 87700. From a technical perspective, this wave of market movement is a high-level consolidation after a breakout. The price is hovering near the upper Bollinger Band at 87786.9, with the middle band at 87541.0 serving as a key support. The strong support zone below is at 87264.8.
The Basis indicator is currently at -33.7 and has shown some upward movement, indicating that selling pressure is weakening; the Crocodile indicator clearly shows that the bulls are in control.
Trading strategy: After stabilizing above 87800, consider entering a long position with a small amount, targeting 89000.
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.
15 Likes
Reward
15
5
Repost
Share
Comment
0/400
GraphGuru
· 11h ago
Once 87,800 is stabilized, push forward; 89,000 is not a dream, everyone.
View OriginalReply0
DegenTherapist
· 11h ago
87,800 has stabilized, but it still feels like it's fluctuating repeatedly.
---
Again, entering with a small position. How many times have I heard this line?
---
The Bollinger Bands are under so much pressure; only the brave dare to move.
---
The crocodile indicator shows a bullish trend? Then why are we still hesitating here?
---
89000 feels so far away; let's keep an eye on 87700 for now.
---
Basis only slightly increased, claiming that selling pressure has eased— that's a bit too optimistic.
---
Don't mess around during high consolidation; wait until a breakout.
---
This market is like squeezing toothpaste—gradually pushing upward.
---
Strong support at 87264? Feels like a paper tiger; it could break quickly when the time comes.
---
The bulls are gaining momentum but are still consolidating, indicating they haven't made up their minds yet.
View OriginalReply0
MetaMasked
· 11h ago
Only act after stabilizing at 87,800; don't rush to chase the high.
View OriginalReply0
DeFiCaffeinator
· 11h ago
87800 has stabilized? Still repeatedly struggling. This market is quite annoying.
View OriginalReply0
StakeTillRetire
· 12h ago
It's really frustrating that 87,800 can't be broken. It feels like retail investors are being drained back and forth again.
#数字资产市场动态 BTC surged to 87956.9 this morning and then faced resistance and pulled back. Currently, it is oscillating around 87700. From a technical perspective, this wave of market movement is a high-level consolidation after a breakout. The price is hovering near the upper Bollinger Band at 87786.9, with the middle band at 87541.0 serving as a key support. The strong support zone below is at 87264.8.
The Basis indicator is currently at -33.7 and has shown some upward movement, indicating that selling pressure is weakening; the Crocodile indicator clearly shows that the bulls are in control.
Trading strategy: After stabilizing above 87800, consider entering a long position with a small amount, targeting 89000.
$BTC $ETH $XRP