Bulls hold strong, breaking even is coming tomorrow, a red Friday!
Today, the 1-hour structure formed consecutive bottom divergence, followed by rapid pullback with explosive volume, 1-hour 4 consecutive bullish candles. The 4-hour structure bottomed at 89242, perfectly hitting the upper edge of the previous range box, followed by a rebound, sufficiently proving the support is effective. Looking at the larger daily structure, the price faced selling pressure near 94500 after 5 consecutive bullish candles at the daily level, entering a daily-level adjustment and correction, which is normal in hindsight. In short, bulls still have great hope. If the 9th of January day session can successfully hold 91000 steadily, then the night session will likely have a high probability of surging above 93.#GT2025第四季度销毁完成 #Gate广场创作者新春激励 #GateAI正式上线
Bulls hold strong, breaking even is coming tomorrow, a red Friday!
Today, the 1-hour structure formed consecutive bottom divergence, followed by rapid pullback with explosive volume, 1-hour 4 consecutive bullish candles. The 4-hour structure bottomed at 89242, perfectly hitting the upper edge of the previous range box, followed by a rebound, sufficiently proving the support is effective.
Looking at the larger daily structure, the price faced selling pressure near 94500 after 5 consecutive bullish candles at the daily level, entering a daily-level adjustment and correction, which is normal in hindsight.
In short, bulls still have great hope. If the 9th of January day session can successfully hold 91000 steadily, then the night session will likely have a high probability of surging above 93.#GT2025第四季度销毁完成 #Gate广场创作者新春激励 #GateAI正式上线