The market is currently very aggressive, with the Bollinger Bands expanding upward and a clear upward trend.
The recent pullbacks have actually been very minor and were quickly recovered. These pullbacks are just the bulls consolidating strength, so just follow the momentum.
From a technical perspective, you can consider entering at the 91250 level, with the targets above in the 92000 to 92800 range.
Set your lower support at 90300; only if this level is broken will the trend be considered changed.
Also keep an eye on the performance of $ICP, $ETH, and $TNSR. Overall, given the Fed’s interest rate cut expectations, the sustainability of this Bitcoin rebound is still promising.
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VirtualRichDream
· 12-08 11:18
Going in at 91250 still feels a bit high; I want to wait a bit longer.
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NFTRegretDiary
· 12-08 11:17
Want to chase just because the Bollinger Bands have opened up? Bro, wake up, what makes you so sure 91250 can hold?
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Again, the lower defense line at 90300... Every time we say it only changes if it breaks, and what happens? Just waiting to get slapped in the face.
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Fed rate cuts mean price will go up? If you ask me, don’t be so naive. How long this rebound lasts still depends on what the big players want.
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Tracking ICP, ETH, and TNSR all at once? Bro, are you trying to exhaust yourself or what? Focusing on just one is hard enough.
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Follow the rhythm? That’s hilarious. Who decides this rhythm, and don’t we all know it?
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Targeting 92800 just sounds absurd. Feels like the same old routine to calm everyone down.
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Is this pullback gathering strength, or is it just a way to cut the retail investors? Think about it, it’s all the same.
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If 90300 doesn't break, it’s like the sky’s the limit, but we all know support levels can be broken just like that.
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ParallelChainMaxi
· 12-08 11:16
Entered at 91250, feels like this wave can still go up. The Bollinger Bands have opened up, which is a signal—let's follow along and take profits.
#美联储重启降息步伐 Bitcoin Trend Analysis for Today
The market is currently very aggressive, with the Bollinger Bands expanding upward and a clear upward trend.
The recent pullbacks have actually been very minor and were quickly recovered. These pullbacks are just the bulls consolidating strength, so just follow the momentum.
From a technical perspective, you can consider entering at the 91250 level, with the targets above in the 92000 to 92800 range.
Set your lower support at 90300; only if this level is broken will the trend be considered changed.
Also keep an eye on the performance of $ICP, $ETH, and $TNSR. Overall, given the Fed’s interest rate cut expectations, the sustainability of this Bitcoin rebound is still promising.