Based on weekend expectations, Bitcoin stabilized around 9100, then regained momentum in early Monday trading, forming five consecutive bullish candles on the daily chart, indicating a strong bullish trend. The previous triangle consolidation pattern has been broken, and the short-term trend is clear. Next, it is important to observe Bitcoin's performance in the resistance zone of 9200-9400.



From the hourly chart, as trading volume gradually increases, the Bollinger Bands are widening, the moving averages are beginning to diverge upward, and the MACD has shifted to a bullish signal. These technical details all suggest that Bitcoin still has the potential to break higher. The early trading strategy is to follow the trend and go long, with pullbacks to the moving averages presenting buying opportunities.

Specific reference levels: Bitcoin is expected to range between 9250-9300 during the week, with support below at 9050. Ethereum is looking to break upward within the 3100-3140 range toward 3200-3250, with support at 3080.
BTC-0,15%
ETH-1,81%
View Original
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.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
SolidityJestervip
· 01-08 00:44
Five consecutive bullish days are quite strong, but the 9200-9400 level is tough to pass. --- It's another Bollinger Band expansion and moving average divergence... sounds good, but I'm just worried it might be a false breakout. --- Following the trend and going long sounds easy, but when it comes to a pullback, no one dares to buy. --- If the 9050 support line is lost, it would be awkward. --- Ethereum 3100-3140 seems more promising than Bitcoin. --- Every time, the technicals look perfect, then a single bearish candle ruins everything... --- Can this wave really break through 9400, or will it just turn around again? --- What about those who went long at the start of the session? Did they get out? --- Defending 9050 is basically pointless; if it falls, it will break straight through.
View OriginalReply0
FOMOSapienvip
· 01-05 01:51
Oops, five consecutive bullish days are really fierce, but I'm still a bit anxious about the 9200-9400 level, feeling it's very easy to be smashed. Wait, can this wave really break through or will it pull back again? I'm a bit unsure. Enter at 9250 or wait for a pullback? I'm conflicted... Damn, I need to keep an eye on the market again. It feels like the bulls are a bit too excited this time, being cautious is better. The moving average system is diverging upward, sounds good, but I'm worried it might be fake again. Can 9050 really hold? It's a bit dark. Following the trend and going long sounds easy, but when it comes to critical levels, everyone gets scared. The current problem is, is this a real breakout or a trap set by the bears to lure in longs? It's too hard to judge.
View OriginalReply0
DegenDreamervip
· 01-05 01:50
Still going for 5 consecutive bullish days, are you? Not afraid of taking the last position, haha.
View OriginalReply0
GateUser-44a00d6cvip
· 01-05 01:47
Five consecutive bullish days, breaking through 9300—it's not too much, right? This time, it really feels like a breakdown.
View OriginalReply0
DoomCanistervip
· 01-05 01:35
Five consecutive bullish days are indeed impressive, but be cautious around the 9200-9400 level, don't get caught off guard and knocked down.
View OriginalReply0
LongTermDreamervip
· 01-05 01:29
Five consecutive bullish days, huh? Feels like this cycle from three years ago. History always repeats itself. Pull back to the moving average and then buy in—it's as steady as an old dog. I bet five bucks this time we can break through 9400. Anyway, I lost money earlier, so I might as well make it back, haha.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)