There's a saying that really hits home: in this market, the biggest test is never about vision but about mindset. When everyone around is chasing gains and panicking at drops, sticking to your own rhythm already means you're winning more than half the battle.
How did yesterday's market perform? Bitcoin stopped falling at 89,380, then rebounded to around 90,200. Overall, the volatility was quite restrained. Ethereum followed the same pattern, bottoming out at 3,074, and during the evening rally, it got stuck at 3,114 before pulling back before the close. This kind of movement seems uneventful on the surface, but a closer look at the technicals reveals interesting details.
On the four-hour chart, the price shows a stair-step upward pattern—simply put, each wave higher than the last. The upper band of the Bollinger Bands is being continuously pressed down, indicating that the bullish momentum is still building. Although there are trapped positions above that could be shaken out, each pullback is met with solid support at lower levels, showing strong backing. Looking at the hourly chart, the alternating bullish and bearish candles follow a regular pattern, with the price comfortably moving within the upper and middle zones of the Bollinger Bands. In the short term, the bulls still hold the initiative, quickly regaining ground after each downward probe.
In the broader context, although the market is still oscillating, the overall center of gravity is gradually shifting upward. The bulls are consolidating repeatedly, accumulating energy underground, like preparing for a breakout.
So, how should one operate? For Bitcoin around 90,000, consider adopting a bullish approach, with a target of 93,000 if it breaks through. For Ethereum, around 3,050, you might consider going long, aiming for 3,300. Of course, the market itself will speak, and flexible responses are the most important.
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GweiTooHigh
· 01-06 23:02
Having the right mindset is important, but when it comes to a dump moment, it's still easy to lose composure haha
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CoffeeOnChain
· 01-06 20:10
You really can't fake your mindset. A bunch of people around me directly bought the dip at 89380 yesterday, and then immediately started calling for their parents. This is very typical.
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LeekCutter
· 01-04 00:47
Breaking below 93,000? Dream on. First, see if we can hold above 89,000.
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DegenDreamer
· 01-04 00:42
Regarding mindset, many people speak well but can't actually do it. A wave of decline directly breaks their composure.
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SignatureCollector
· 01-04 00:27
Mindset really is more valuable than anything else. The biggest regret I have is that time I chased the high and got caught, but now I can stay calm when looking at the market.
This critical level at 90,000 must hold; only after breaking it will there be any excitement.
The Bollinger Bands signal is still okay, just worried about a single needle popping it.
How is the support strength at Ethereum 3050? Feels a bit weak lately.
That’s what they say, but when it really comes to a sell-off, it still depends on how solid your account is.
Bullish momentum sounds good, but I don’t know when it will actually explode.
There's a saying that really hits home: in this market, the biggest test is never about vision but about mindset. When everyone around is chasing gains and panicking at drops, sticking to your own rhythm already means you're winning more than half the battle.
How did yesterday's market perform? Bitcoin stopped falling at 89,380, then rebounded to around 90,200. Overall, the volatility was quite restrained. Ethereum followed the same pattern, bottoming out at 3,074, and during the evening rally, it got stuck at 3,114 before pulling back before the close. This kind of movement seems uneventful on the surface, but a closer look at the technicals reveals interesting details.
On the four-hour chart, the price shows a stair-step upward pattern—simply put, each wave higher than the last. The upper band of the Bollinger Bands is being continuously pressed down, indicating that the bullish momentum is still building. Although there are trapped positions above that could be shaken out, each pullback is met with solid support at lower levels, showing strong backing. Looking at the hourly chart, the alternating bullish and bearish candles follow a regular pattern, with the price comfortably moving within the upper and middle zones of the Bollinger Bands. In the short term, the bulls still hold the initiative, quickly regaining ground after each downward probe.
In the broader context, although the market is still oscillating, the overall center of gravity is gradually shifting upward. The bulls are consolidating repeatedly, accumulating energy underground, like preparing for a breakout.
So, how should one operate? For Bitcoin around 90,000, consider adopting a bullish approach, with a target of 93,000 if it breaks through. For Ethereum, around 3,050, you might consider going long, aiming for 3,300. Of course, the market itself will speak, and flexible responses are the most important.