Bitcoin's recent movement has been quite strong. The daily chart shows continuous large bullish candles, indicating a very steady bullish momentum. From the four-hour chart, four consecutive bullish candles directly challenge the upper band, with trading volume also increasing. There are no obvious signs of a reversal in the short term, and the bulls currently have firm control.
However, at the one-hour level, the situation becomes a bit more delicate. Although a reversal pattern of two bullish candles followed by one bearish candle has formed, and the bulls are fighting for control, there are risks: around 93,950, a high-level consolidation zone has already formed. The RSI has long entered overbought territory, and the KDJ is beginning to show a death cross. Plus, the price is very close to the upper band of the Bollinger Bands—these signals combined are basically telling you to consolidate. A direct violent breakout of the current resistance level? Not very likely. A pullback could be imminent, so caution is advised.
The recent strategy remains to buy on dips, but timing is key.
$BTC Strategy reference: Consider short positions in the 94,800-95,300 range, targeting 93,300-92,600. $ETH Strategy reference: Consider short positions near 3,260-3,280, with targets around 3,210-3,190.
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RugDocDetective
· 01-08 05:34
Hmm, RSI is already overbought, and you still want to push through? This correction is coming.
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NeverPresent
· 01-07 02:42
93950, this level is really holding tightly, RSI is overbought but it's still pushing hard, feels like it needs a wash.
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DaisyUnicorn
· 01-06 20:38
Hmm... The RSI is overbought this time, and you still want to push through? That's a bit brave. My little flowers are already trembling at 93,950, so I still need to be prepared for a pullback.
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FalseProfitProphet
· 01-05 23:08
This level at 93950 is a bit fierce. The RSI is already overbought, and you still want to push through? I don't believe it.
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OnchainSniper
· 01-05 23:04
93950 is really a critical level, the RSI death cross signal is too obvious, gotta be cautious.
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SerumSqueezer
· 01-05 23:03
At the 93950 level, it really feels like caution is needed. With RSI already overbought like this, do you still want to push through? Wake up, everyone.
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digital_archaeologist
· 01-05 22:52
You really need to be careful with this 93950 level. The RSI is already overbought, and you're still trying to break through? Dream on, haha.
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WalletsWatcher
· 01-05 22:51
It feels like this level 93950 requires careful monitoring. When the RSI shows overbought and a death cross signal appears simultaneously, you really need to be cautious.
#数字资产动态追踪 January 6 Market Quick Review:
Bitcoin's recent movement has been quite strong. The daily chart shows continuous large bullish candles, indicating a very steady bullish momentum. From the four-hour chart, four consecutive bullish candles directly challenge the upper band, with trading volume also increasing. There are no obvious signs of a reversal in the short term, and the bulls currently have firm control.
However, at the one-hour level, the situation becomes a bit more delicate. Although a reversal pattern of two bullish candles followed by one bearish candle has formed, and the bulls are fighting for control, there are risks: around 93,950, a high-level consolidation zone has already formed. The RSI has long entered overbought territory, and the KDJ is beginning to show a death cross. Plus, the price is very close to the upper band of the Bollinger Bands—these signals combined are basically telling you to consolidate. A direct violent breakout of the current resistance level? Not very likely. A pullback could be imminent, so caution is advised.
The recent strategy remains to buy on dips, but timing is key.
$BTC Strategy reference: Consider short positions in the 94,800-95,300 range, targeting 93,300-92,600.
$ETH Strategy reference: Consider short positions near 3,260-3,280, with targets around 3,210-3,190.