Bitcoin is currently showing a horizontal channel pattern on the 4-hour timeframe, with the bulls and bears temporarily balanced. The price rebounded from the lower boundary of the channel and has consecutively formed bullish candles, recovering previous declines. It is now stable above the middle band of the Bollinger Bands—this level has strong buying interest and solid support. This oscillation is not a sign of weakness; rather, it is a typical accumulation and shakeout phase, preparing for the next surge.
From a trading perspective, the current Bitcoin price is already a good entry point for bulls, with the next target around 90,000. As for Ethereum, its trend is also worth watching, and the overall outlook remains bullish.
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DAOdreamer
· 6h ago
I've heard the phrase "power accumulation and shakeout" too many times. Every time, it's said to be in preparation for a breakout. But in the end,
Can this wave really break 90k? It feels a bit uncertain.
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FlashLoanLord
· 6h ago
I've heard the phrase "power accumulation and shakeout" too many times. Every time, they say it's preparing for an attack. But what actually happens? It still depends on whether it can break that key point at 89,000.
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FrontRunFighter
· 6h ago
nah tbh this "accumulation" narrative is exactly what they *want* you to think... classic wash trading setup masked as institutional buying pressure. you see those "strong bids" on the order book? half of it's likely spoofed, gone the second real volume shows up. the dark forest never sleeps fr
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LightningWallet
· 6h ago
I've heard the phrase "power accumulation and shakeout" too many times. Every time, they say the next round of attack, but as a result...
Bitcoin is currently showing a horizontal channel pattern on the 4-hour timeframe, with the bulls and bears temporarily balanced. The price rebounded from the lower boundary of the channel and has consecutively formed bullish candles, recovering previous declines. It is now stable above the middle band of the Bollinger Bands—this level has strong buying interest and solid support. This oscillation is not a sign of weakness; rather, it is a typical accumulation and shakeout phase, preparing for the next surge.
From a trading perspective, the current Bitcoin price is already a good entry point for bulls, with the next target around 90,000. As for Ethereum, its trend is also worth watching, and the overall outlook remains bullish.