#美国就业数据表现强劲超出预期 A new cycle is here, and the crypto market is about to be reshuffled.
Looking at the 4-hour chart, Bitcoin has been repeatedly confirming at a high level these days. Candlesticks are appearing alternately, with each peak lower than the last, which is a typical weak signal. The three lines of the Bollinger Bands are gradually moving downwards, and the pressure from above is clearly present. In the short-term pattern, the bears have control of the rhythm.
Looking at the 1-hour view again, the strength of the rebound is clearly not keeping up with the decline. Every time it pushes up, the lower shadow is very long, indicating serious resistance above. The middle and lower bands of the Bollinger Bands are starting to turn upwards, but the upper band is simultaneously heading down, creating a contraction in the overall shape—this usually means that volatility is about to increase, and the direction is crucial.
The short-term logic is as follows: there will be repeated fluctuations within the range, with occasional small rebounds, but the magnitude will definitely be limited.
From a trading perspective, when a rebound occurs, it is time to consider cutting short positions. If you want to go long, you must take a light position, and be quick in and out; never try to compete with the market.
Specific location:
On the Bitcoin side, 88500 to 89000 is a good short entry area, and the key is to keep an eye on the 87000 line—if it breaks, it needs to be reassessed.
On the Ethereum side, you can try to short around 2990 to 3020, and 2900 is the lifeline; this position must be defended.
The short-term market does have some fluctuations, but the overall direction is still in the hands of the bears.
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.
8 Likes
Reward
8
4
Repost
Share
Comment
0/400
NFT_Therapy
· 8h ago
The Bollinger Bands have contracted, so we need to watch for a direction choice. If 87000 breaks, we'll have to change our mind.
View OriginalReply0
LongTermDreamer
· 8h ago
Oh no, it's another case of Bollinger Bands contraction and weak signals. We said the same three years ago, and what happened? It skyrocketed instead. I just want to ask, do the bears really have control this time?
View OriginalReply0
SolidityNewbie
· 8h ago
How many times have I said this trap of Bollinger Bands is contracting, and yet it still gets smashed through...
View OriginalReply0
PerennialLeek
· 8h ago
It's this same trap again, short positions will enter at 88500-89000, I'm betting 5 bucks it will break 87000 again.
#美国就业数据表现强劲超出预期 A new cycle is here, and the crypto market is about to be reshuffled.
Looking at the 4-hour chart, Bitcoin has been repeatedly confirming at a high level these days. Candlesticks are appearing alternately, with each peak lower than the last, which is a typical weak signal. The three lines of the Bollinger Bands are gradually moving downwards, and the pressure from above is clearly present. In the short-term pattern, the bears have control of the rhythm.
Looking at the 1-hour view again, the strength of the rebound is clearly not keeping up with the decline. Every time it pushes up, the lower shadow is very long, indicating serious resistance above. The middle and lower bands of the Bollinger Bands are starting to turn upwards, but the upper band is simultaneously heading down, creating a contraction in the overall shape—this usually means that volatility is about to increase, and the direction is crucial.
The short-term logic is as follows: there will be repeated fluctuations within the range, with occasional small rebounds, but the magnitude will definitely be limited.
From a trading perspective, when a rebound occurs, it is time to consider cutting short positions. If you want to go long, you must take a light position, and be quick in and out; never try to compete with the market.
Specific location:
On the Bitcoin side, 88500 to 89000 is a good short entry area, and the key is to keep an eye on the 87000 line—if it breaks, it needs to be reassessed.
On the Ethereum side, you can try to short around 2990 to 3020, and 2900 is the lifeline; this position must be defended.
The short-term market does have some fluctuations, but the overall direction is still in the hands of the bears.