2026-01-08 05:26:25

In this wave of market, Bitcoin's sideways consolidation within the current range is not a sign of weakness, but rather a critical stage where the bulls are preparing a big move.

From the hourly chart, the Bollinger Bands are tightening significantly, which is often a precursor to a major trend. The resistance at the upper and middle bands? Simply put, it's a trap set by the bears. Every dip is solidifying the bottom, and the support strength is quietly increasing. The frequent attempts by the bulls to test the middle band reflect a continuous confirmation of resistance levels. This is not a sign of a weak rebound, but rather preparation for the next upward attack. Especially the recent upward movement of the lower band indicates that the support level is rapidly upgrading. Once this resistance is broken, a substantial upward trend is likely to follow.

From a technical perspective, consolidation often serves as a warm-up before an upward move. The bulls have already gathered strength, waiting for the right moment to launch the main rally.

Short-term trading strategy: Consider long positions around 90,500 and 90,000, with initial targets at around 93,000. If this level is effectively broken, aim for 94,800.

BTC0,29%

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.

11 Likes

Reward
11
7
Repost
Share

Comment

0/400

ProofOfNothing

· 20h ago

The idea of Bollinger Bands tightening has been heard so many times, and every time they say it's about to take off, but it just ends up moving sideways and grinding slowly. Wait, no, this time feels different. The support seems a bit solid. Entering a long position at 90,000? Hold on, let me see if the funds are enough. It's another buildup theory. Have the bulls really been holding back for so long? Or are we all trapped? Basically, it's a bet on a breakout. Only a move past 93,000 is worth looking forward to.

View OriginalReply0

MidnightSeller

· 01-09 21:18

Bollinger Bands tightening like this is indeed interesting, but do you dare to bottom fish here? The last time I heard this kind of statement, I got trapped until now haha. Wait, does the upward flick of the lower band mean a rise is coming? I think the 90500 level looks a bit risky. If this time they trick me into adding more positions again, I will really change careers. It feels like every time the market is about to move, they say it's consolidating. Why does it always consolidate into my principal? Sideways trading is just boring. Instead of studying Bollinger Bands, wouldn't it be better to wait for a clear signal? If it can truly break through 93000, I will believe the bulls still have a chance. Otherwise, I might as well keep lying down.

View OriginalReply0

VitalikFanAccount

· 01-09 07:21

I've heard the saying that Bollinger Bands are tightening too many times. Every time, they say it's about to take off, but it just consolidates sideways. I don't believe you.

View OriginalReply0

MetaverseVagabond

· 01-08 05:53

Bollinger Bands are tightening like this, why hasn't it moved yet? Waiting.

View OriginalReply0

SellLowExpert

· 01-08 05:51

Talking about the bulls gathering strength again? It looks like it's about to break the bottom to me. Be careful not to get caught off guard at 90,000.

View OriginalReply0

pumpamentalist

· 01-08 05:35

Bollinger Bands tightening? This time the bulls are really not bluffing, feels like they've been holding back for a long time. Enter long at 90500, betting on it breaking through 93000, or cut losses. It's the same story again, always saying it's about to take off, I think I'll stay on the sidelines. The upper band curling up sounds good, I'll start with a small amount to test the waters. Bear trap setup? I feel like I've been trapped all along. Support upgrade is a good detail, the key is whether it can truly break through. 94800? Don't think too far ahead, wait until it breaks 93000. Main wave of upward movement starting? I just want to ask if this will be a false breakout again. Bulls are gathering strength, but my stop-loss will be prepared first.

View OriginalReply0

LiquidationWatcher

· 01-08 05:30

The Bollinger Bands are so tight that there's definitely something there, but it depends on whether it can truly break through 93,000. There have been many previous "consolidation" signals like this.

View OriginalReply0