#以太坊行情解读 Recently, this wave of market movement is interesting. Bitcoin surged to the upper band of the Bollinger Bands and then made a pullback. Many people see it as a reversal signal, but upon closer inspection, it is actually the market maker digesting the pressure above through a standard whipsaw - a healthy process of chip exchange.
The market volatility is currently very high. The Bollinger Bands have been widening, indicating fierce battles between the bulls and bears, but there is one crucial detail: the strong support below has not been truly broken, which means there are still buyers at the bottom. Once this round of chip exchange is sufficient, a significant market trend may emerge.
Let's take a look at the specific data. $BTC reached a high of 90588.23 in the last 24 hours and a low of 87615.07, currently oscillating around 89926.45. Such a large fluctuation indicates that the bulls still have strong momentum. Ethereum is similar, with a high of 3077.39, a low of 2944.49, and currently at 3057.37. It is also fluctuating at a high level, but the key support point remains solid.
The trends of $ETH and $BTC actually tell the same story: although there is a short-term pullback, the chips are being fully exchanged, and the forces of long and short are gradually balancing. In this situation, a real big market movement is often brewing within these fluctuations. Just continue to observe whether the key support can hold steady.
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PositionPhobia
· 1h ago
Buying the dip is catching a falling knife.
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TradFiRefugee
· 11h ago
Both bulls and bears are looking up.
View OriginalReply0
CafeMinor
· 17h ago
The support level is too strong.
View OriginalReply0
PoetryOnChain
· 17h ago
Long positions go long, that's right.
View OriginalReply0
ForkTongue
· 17h ago
The market makers are all accumulating by buying low.
#以太坊行情解读 Recently, this wave of market movement is interesting. Bitcoin surged to the upper band of the Bollinger Bands and then made a pullback. Many people see it as a reversal signal, but upon closer inspection, it is actually the market maker digesting the pressure above through a standard whipsaw - a healthy process of chip exchange.
The market volatility is currently very high. The Bollinger Bands have been widening, indicating fierce battles between the bulls and bears, but there is one crucial detail: the strong support below has not been truly broken, which means there are still buyers at the bottom. Once this round of chip exchange is sufficient, a significant market trend may emerge.
Let's take a look at the specific data. $BTC reached a high of 90588.23 in the last 24 hours and a low of 87615.07, currently oscillating around 89926.45. Such a large fluctuation indicates that the bulls still have strong momentum. Ethereum is similar, with a high of 3077.39, a low of 2944.49, and currently at 3057.37. It is also fluctuating at a high level, but the key support point remains solid.
The trends of $ETH and $BTC actually tell the same story: although there is a short-term pullback, the chips are being fully exchanged, and the forces of long and short are gradually balancing. In this situation, a real big market movement is often brewing within these fluctuations. Just continue to observe whether the key support can hold steady.