From the 4-hour candlestick chart, the Bollinger Bands are rapidly narrowing at high levels. Bitcoin has jumped from the upper band through the middle band and stabilized below, indicating that the short-term upward momentum is essentially exhausted— a clear sign of trend reversal. Meanwhile, the KDJ indicator's three lines are approaching the oversold threshold, suggesting that the bears have taken full control, although a technical rebound is also brewing.
Currently, the main strategy remains focused on high-position resistance levels. Any rebound could be considered an opportunity to add positions.
Specific reference levels:
$BTC: Resistance around 91,300-91,800, with support below at 90,200-89,400
$ETH: Resistance around 3,180-3,200, with support below at 3,130-3,100
Short-term volatility remains high, and precise positioning is crucial.
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MEVHunterNoLoss
· 01-10 08:05
Bollinger Bands narrowing and KDJ oversold, the market is about to cool down. It's better to wait for a rebound opportunity before jumping in.
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ValidatorViking
· 01-08 08:19
btc breaking through the midline on 4h is textbook exhaustion play... seen this chart pattern too many times. kdj creeping toward oversold territory, yeah, but don't sleep on the rebound setup brewing underneath
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GigaBrainAnon
· 01-08 03:50
If you can't hold 91,300, just break down to 89,400. This rebound is an opportunity for a high-level short sell.
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LuckyBlindCat
· 01-08 03:49
The Bollinger Bands are narrowing with the bears in control. This move down is indeed quite fierce.
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MoonRocketTeam
· 01-08 03:48
Bollinger Bands narrow and plunge, the bears take over. This move is a bit fiery rocket-like, need to wait for the rebound window to reload supplies.
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GhostWalletSleuth
· 01-08 03:47
Bollinger Bands narrowing and plunging, is it really time to buy the dip now?
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BuyHighSellLow
· 01-08 03:39
Bollinger Bands are narrowing, and KDJ is approaching oversold levels. Is this rhythm signaling another rebound? I'm just worried about missing out.
#MSCI未排除数字资产财库企业纳入范围 Thursday midday technical overview:
From the 4-hour candlestick chart, the Bollinger Bands are rapidly narrowing at high levels. Bitcoin has jumped from the upper band through the middle band and stabilized below, indicating that the short-term upward momentum is essentially exhausted— a clear sign of trend reversal. Meanwhile, the KDJ indicator's three lines are approaching the oversold threshold, suggesting that the bears have taken full control, although a technical rebound is also brewing.
Currently, the main strategy remains focused on high-position resistance levels. Any rebound could be considered an opportunity to add positions.
Specific reference levels:
$BTC: Resistance around 91,300-91,800, with support below at 90,200-89,400
$ETH: Resistance around 3,180-3,200, with support below at 3,130-3,100
Short-term volatility remains high, and precise positioning is crucial.