Recently, there have been clear signals of a breakout in the secondary market. From a technical perspective, Bitcoin's price has established a clear upward pattern after breaking through the previous consolidation range.
The 4-hour timeframe is particularly important. The large bullish candle followed by a small bearish candle forms a typical bullish continuation pattern, and the subsequent pullback after the surge is fully consistent with a healthy upward trend. More interestingly, the Bollinger Bands have already clearly opened upward, indicating that the upward potential has been fully unleashed.
From an operational standpoint, the current strategy is to wait for a pullback. If the price can find effective support around 3280-3300, this would constitute a good entry point for long positions, with the next target area around 3450-3500.
Of course, any trading involves risk awareness. It is recommended to establish a clear stop-loss plan before entering the market and to control position size carefully.
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GasFeeCryer
· 01-15 11:57
When the Bollinger Bands open, do you want to rush in? I think we should wait for the 3280 wave before making a move, otherwise it's easy to get cut.
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SleepTrader
· 01-15 11:48
Is that support level at 3280 reliable? It feels like it might break easily.
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MissedTheBoat
· 01-15 11:46
This wave is indeed interesting; whether the Bollinger Bands open up or not depends on what happens next.
Recently, there have been clear signals of a breakout in the secondary market. From a technical perspective, Bitcoin's price has established a clear upward pattern after breaking through the previous consolidation range.
The 4-hour timeframe is particularly important. The large bullish candle followed by a small bearish candle forms a typical bullish continuation pattern, and the subsequent pullback after the surge is fully consistent with a healthy upward trend. More interestingly, the Bollinger Bands have already clearly opened upward, indicating that the upward potential has been fully unleashed.
From an operational standpoint, the current strategy is to wait for a pullback. If the price can find effective support around 3280-3300, this would constitute a good entry point for long positions, with the next target area around 3450-3500.
Of course, any trading involves risk awareness. It is recommended to establish a clear stop-loss plan before entering the market and to control position size carefully.