Bitcoin has already played out its bullish scenario this morning. 1. Bollinger Bands (BOLL) Signal


• Price is strongly moving along the upper band of the Bollinger Bands, currently touching the upper band (67225.8) and pulling back slightly. The middle band (67071.6) provides strong support, with the lower band (66917.5) serving as a secondary defense.
• The Bollinger Bands are expanding upward, indicating a typical bullish trend structure, which suggests that short-term upward momentum remains intact.
2. Price Structure and Volume
• Starting from the low point of 65676.1, the rebound has been steady, rising all the way to 67400. The lows are gradually increasing, and the highs are continuously moving higher, confirming a clear bullish trend.
• During the rebound, volume has supported the move, with strong capital participation. There are no obvious signs of volume stagnation or weakening momentum, indicating strong continuation of the rally.
3. Moving Averages and Momentum
• The short-term moving average (middle Bollinger band) is diverging upward, and the price remains above the middle band, maintaining a healthy bullish trend. Pullbacks to the middle band are good opportunities to go long.
• Although short-term indicators (KDJ/RSI) are in high territory, there is no obvious bearish divergence, leaving room for further upward movement. #Gate广场四月发帖挑战 $BTC $ETH
BTC1.21%
ETH1.49%
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ybaservip
· 3h ago
To The Moon 🌕
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