Monday's opening generally showed strength, which is completely in line with expectations. Reviewing yesterday's analysis, Bitcoin's daily chart retest at the 893 level did not break below, indicating that the bullish pattern on the daily chart remains solid. In the short term, smaller timeframes are still building a consolidation pattern, and there is likely room for further upward movement.
In terms of trading strategy, buying on dips is currently the main approach. Bitcoin, Ethereum, BNB, and SOL are all in similar cycle positions, and the pattern of quick rebounds after short-term dips will continue to appear. Intraday, it is recommended to monitor the support strength around the 893 level. If this level holds, there is still room for a breakout above.
Overall strategy: The bullish trend remains intact, focus on buying low, avoid chasing highs or bottom-fishing, and wait for secondary confirmation signals on smaller timeframes before adding positions. This week's market should continue the strong pattern from last week; patience and observation are advised.
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GasWhisperer
· 7h ago
ngl, 893 support holding is lowkey the whole ballgame rn... if that breaks, mempool gonna have a field day with panic sells. watching gwei patterns spike already, fee arbitrage window closing fast. bullish structure still intact tho, just need that second confirmation before the real move. patience beats panic every time.
Reply0
SerumDegen
· 7h ago
893 holding yet again... copium meter still in the green i guess lol
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GateUser-26d7f434
· 7h ago
893, the key level indeed wasn't broken this time. The bulls can still hold on, continue to buy on dips, that's all.
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SelfRugger
· 7h ago
893 held firm again. Whether it can truly break through today depends on today's performance, but it still feels a bit uncertain.
View OriginalReply0
MEV_Whisperer
· 7h ago
893 still hasn't broken through, as expected, the pattern is the same, those who buy low are making profits again.
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CrossChainMessenger
· 7h ago
893 is stable again. I've been confident in this position for a long time, continuing to buy the dip and waiting for a second signal.
Monday's opening generally showed strength, which is completely in line with expectations. Reviewing yesterday's analysis, Bitcoin's daily chart retest at the 893 level did not break below, indicating that the bullish pattern on the daily chart remains solid. In the short term, smaller timeframes are still building a consolidation pattern, and there is likely room for further upward movement.
In terms of trading strategy, buying on dips is currently the main approach. Bitcoin, Ethereum, BNB, and SOL are all in similar cycle positions, and the pattern of quick rebounds after short-term dips will continue to appear. Intraday, it is recommended to monitor the support strength around the 893 level. If this level holds, there is still room for a breakout above.
Overall strategy: The bullish trend remains intact, focus on buying low, avoid chasing highs or bottom-fishing, and wait for secondary confirmation signals on smaller timeframes before adding positions. This week's market should continue the strong pattern from last week; patience and observation are advised.