The market is once again on the rise, and this upward momentum is truly unstoppable. Bitcoin continues to rebound during the white session, reaching a high of around 92,700, and Ethereum has also followed up to approximately 3,148. This morning, when Bitcoin was oscillating around the 91,000 level, I reminded everyone that this is the foundation-building stage, with a very strong bullish pattern. Those who followed along should have already benefited.
The current rebound energy is still being continuously released. On the four-hour chart, it’s very clear — the candlesticks are already above the upper band of the Bollinger Bands, guiding the entire market upward. The opening of the three Bollinger Bands is expanding upward, which is a typical strong bullish pattern. At the hourly level, it’s even more obvious — all three bands are expanding upward in sync, and the upward momentum is unstoppable. The subsequent trend is to follow the trend and go long.
Specifically:
Consider going long on Bitcoin around 91,700, targeting 93,500
For Ethereum, a long position around 3,110, aiming for 3,251
The bullish pattern is this strong. Seize this wave of momentum and don’t fall behind.
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RunWithRugs
· 01-14 17:12
92,700 has been reached, this wave of momentum is truly amazing
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SadMoneyMeow
· 01-14 11:21
Failed to bottom out and got trapped. Now that it's up, it still feels like cutting losses and getting out...
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NFTregretter
· 01-13 13:01
Missed the move at 91,000 this morning. Now chasing at 92,700 feels a bit risky.
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StablecoinArbitrageur
· 01-13 12:52
honestly the bollinger band expansion angle is kinda lazy tbh... have u actually looked at the order book depth on major cex vs dex spreads rn? the basis point differential alone tells a different story than this chart porn
Reply0
liquidation_watcher
· 01-13 12:48
Missed the 91,000 move this morning, and I really lost out. Now that it's at 92,700, do I still dare to chase? Feels a bit high.
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PumpAnalyst
· 01-13 12:43
Bearish outlook, but this rebound does have some substance; the Bollinger Bands are opening up, and the technicals are right here.
The market maker's manipulation this time is quite ruthless, how many stop-loss orders around 92700 have been taken out?
I think don't blindly chase the highs; risk management first. Those who bought around 92000 earlier are probably cutting positions now.
This bullish pattern can be deceptive. Before you get on board, think about your stop-loss level; don't end up being the last to take the fall.
If it breaks 93500, it will drop further. That's my judgment.
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PessimisticOracle
· 01-13 12:43
92700, what's wrong now? Still losing when it drops?
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DiamondHands
· 01-13 12:40
The wave at 91,000 didn't get in, now I'm a bit panicked about chasing higher...
Wait, can we really push to 93,500? Is the Bollinger Band this strong...
Why didn't I see a reminder this morning? Missed another opportunity to buy in
Ethereum at 3251 feels a bit risky, is the risk big?
Again, the bulls are strong, making me feel itchy inside...
Is 92,700 not the ceiling? This market is a bit crazy
I've heard the term "foundation-building stage" many times, is this time really different?
But I just slipped and love to chase the rise, and then get trapped...
People who followed this wave probably are laughing their heads off, and I'm still debating whether to get in
The market is once again on the rise, and this upward momentum is truly unstoppable. Bitcoin continues to rebound during the white session, reaching a high of around 92,700, and Ethereum has also followed up to approximately 3,148. This morning, when Bitcoin was oscillating around the 91,000 level, I reminded everyone that this is the foundation-building stage, with a very strong bullish pattern. Those who followed along should have already benefited.
The current rebound energy is still being continuously released. On the four-hour chart, it’s very clear — the candlesticks are already above the upper band of the Bollinger Bands, guiding the entire market upward. The opening of the three Bollinger Bands is expanding upward, which is a typical strong bullish pattern. At the hourly level, it’s even more obvious — all three bands are expanding upward in sync, and the upward momentum is unstoppable. The subsequent trend is to follow the trend and go long.
Specifically:
Consider going long on Bitcoin around 91,700, targeting 93,500
For Ethereum, a long position around 3,110, aiming for 3,251
The bullish pattern is this strong. Seize this wave of momentum and don’t fall behind.