#Gate & WLFI USD1 积分计划将上线 Yesterday, BTC surged by 2594 points, ETH dropped by 48 points, this morning precisely hunting ETH down by 36 points, my students directly turned the market into a "cash machine", who is making money with this rhythm!


Looking at the hourly chart, the Bollinger Bands have slightly widened, and the price has moved up from the lower band to above the middle band, indicating that it is no longer in an oversold state in the short term; the MACD has formed a golden cross below the zero line, with the red bars getting longer, indicating that the bullish strength is gradually increasing.

Observing the Bollinger Bands indicator, the bands show a slight expansion characteristic, with prices testing upwards from the lower band and breaking above the middle band, indicating that the short-term market has exited the oversold range. At the same time, the MACD indicator forms a golden cross pattern below the zero axis, and the red bars show a gradual increase in volume. This technical signal indicates that bullish momentum is gradually accumulating, suggesting the possibility of further upward price expansion in the short term. From the four-hour K-line chart, the market shows a five consecutive bullish arrangement, with prices continuously diverging upwards relying on the upper band of the Bollinger Bands. During recent movements, when facing upper resistance levels multiple times, quick recoveries were achieved, demonstrating a clear bullish direction in the morning session and maintaining a strong overall upward trend. Based on this technical performance, the suggested trading strategy is to primarily buy on dips.
BTC 116800-116400 long, target focus 117800
ETH 3890-3850 more, target attention 3980#Gate & WLFI USD1 积分计划将上线 #PI #BTC #ETH
BTC-0,43%
ETH-0,91%
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GateUser-f9f593e9vip
· 2025-08-08 03:08
I have lost so much lately that I might not even have any underpants left 😹.
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