The interesting thing about recent market conditions is that the correlation between BTC and ETH has weakened, which means we are now focusing more on the technical aspects of individual cryptocurrencies.



Taking the recent wave as an example. After a short-term correction, a standard support test appeared on the 4-hour chart — the price stabilized around the middle to lower band of the Bollinger Bands. At the same time, looking at the indicators, the MACD green histogram is narrowing, the DIF has already crossed above DEA to form a golden cross; the RSI has also rebounded from the bottom to the neutral zone. These signals, when combined, suggest that the mid-term rebound trend has not been broken, and the bulls still have good momentum.

The core logic of the technical analysis is as follows: the previous rebound to the 919.80 level is not just any point — it is both a historically dense trading zone and a key continuation level after breaking through the 906-910 resistance band. If the price later breaks through this level with increased volume, and can hold the support during a pullback without falling below, it means that resistance has truly turned into support. Once confirmed, the 928-950 zone above can accelerate upward.

The trading strategy is quite clear: buy on dips around 885-893, with the first target around 905-910. If the breakout here is smooth, then continue to watch the bullish zone of 919.80-925. If trading volume continues to grow, it can extend to 928-930. The key still depends on the volume supporting the move.
BTC-0,37%
ETH-0,78%
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NFTHoardervip
· 01-08 05:57
919.80 is really a tough barrier; only those who can stand firm are truly strong.
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TxFailedvip
· 01-08 05:52
technically speaking, the volume's gonna make or break this whole thing... learned that one the hard way
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RugpullAlertOfficervip
· 01-08 05:46
As long as the Bollinger Bands hold steady, there's a chance; the key still depends on trading volume.
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HashRateHermitvip
· 01-08 05:45
You need to use volume to push through the 919.80 level to be meaningful; otherwise, it's just a fake breakout trick.
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