Recently, the movements of BTC and ETH have released many signals, and many traders are beginning to pay attention to this rebound opportunity.
From a technical perspective, BTC performs quite solidly on the 4-hour chart. The price has stabilized after repeatedly testing the lower band of the Bollinger Bands, and the KDJ indicator is turning from the oversold zone. Especially, the J line has crossed above the K and D lines, forming a typical low-level golden cross pattern—this usually indicates that short-term rebound momentum is accumulating.
Changes in the Bollinger Bands are also worth noting. The bands are narrowing, and volatility is decreasing, which suggests the market may be brewing the next move. The price is gradually recovering along the lower band; if it breaks through the upper resistance, the target can be set at the key level of 92,000.
ETH's performance has resonated well with BTC. Both are stabilizing at a similar pace, and the short-term rebound window has accordingly opened.
For traders looking to participate, here are some reference data: BTC can consider long positions in the 88,300-88,800 range, with targets pointing to the 90,300-92,000 range. For ETH, entering in the 2,910-2,940 range, the target can be aimed at 2,990-3,060.
Markets are always changing, and technical signals are just references. The key is to make decisions based on your own risk tolerance.
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.
10 Likes
Reward
10
3
Repost
Share
Comment
0/400
SatsStacking
· 14h ago
The golden cross is here again. Can it really break 92K this time? History always repeats itself.
View OriginalReply0
ThatsNotARugPull
· 14h ago
Another golden cross? Can this wave break 92?
View OriginalReply0
CounterIndicator
· 15h ago
Golden cross remains a golden cross, I just want to know if this wave can really break 92k. No matter how nicely it's said, in the end, it's a fate of being trapped.
Recently, the movements of BTC and ETH have released many signals, and many traders are beginning to pay attention to this rebound opportunity.
From a technical perspective, BTC performs quite solidly on the 4-hour chart. The price has stabilized after repeatedly testing the lower band of the Bollinger Bands, and the KDJ indicator is turning from the oversold zone. Especially, the J line has crossed above the K and D lines, forming a typical low-level golden cross pattern—this usually indicates that short-term rebound momentum is accumulating.
Changes in the Bollinger Bands are also worth noting. The bands are narrowing, and volatility is decreasing, which suggests the market may be brewing the next move. The price is gradually recovering along the lower band; if it breaks through the upper resistance, the target can be set at the key level of 92,000.
ETH's performance has resonated well with BTC. Both are stabilizing at a similar pace, and the short-term rebound window has accordingly opened.
For traders looking to participate, here are some reference data: BTC can consider long positions in the 88,300-88,800 range, with targets pointing to the 90,300-92,000 range. For ETH, entering in the 2,910-2,940 range, the target can be aimed at 2,990-3,060.
Markets are always changing, and technical signals are just references. The key is to make decisions based on your own risk tolerance.