After four consecutive days of upward movement on the daily chart, the bears are beginning to face pressure and retreat, but the decline is relatively limited. Yesterday's bearish candle with a noticeably long lower shadow indicates that the buying support below remains quite strong, and there are no signs of a reversal in the bullish trend.



On the four-hour chart, after a consolidation range, the bearish momentum has been somewhat released, but the price is still stuck near the upper middle band of the Bollinger Bands. All three bands are trending upward, and the middle band support is also rising. In this context, a pullback is mainly a technical adjustment.

The early trading strategy is to focus on buying on dips, with proper stop-losses in place. For Bitcoin, look for long opportunities in the 95500 to 95300 range, targeting around 97000. For Ethereum, consider entering long positions between 3300 and 3280, with a target near 3380. Managing risk is the most critical aspect during market volatility.
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HodlTheDoorvip
· 01-17 19:14
A long lower shadow is a signal; the bulls are still alive.
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RektCoastervip
· 01-17 04:28
A longer lower shadow indicates that the bulls are holding below, and this pullback is just the prelude to a surge.
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MEVHuntervip
· 01-15 23:52
A long lower shadow indicates strong support. I'm very familiar with this trick... The large orders in the mempool have been lurking there for a while. Looking at the middle band of the Bollinger Bands, the sandwich opportunity is here, brother.
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BagHolderTillRetirevip
· 01-15 23:49
A longer lower shadow means the bulls are not dead; I am familiar with this rhythm.
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CodeZeroBasisvip
· 01-15 23:39
A longer lower shadow means the bulls are not dead, simple and straightforward.
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MevWhisperervip
· 01-15 23:27
The long lower shadow signal is quite promising; it's a technical adjustment, and the time to buy the dip has arrived.
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VCsSuckMyLiquidityvip
· 01-15 23:26
Here comes another blow, I think this wave can still push for another surge.
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