Bitcoin four-hour chart shows some interesting points. The price dipped below the lower band of the Bollinger Bands, but the rebound was quite quick. There is real support at the lower band. Now it has returned to the middle range of the Bollinger Bands. The previous breakout high did not make a new high, and this retracement did not break the key support level—what does this mean? There is support at the bottom, so consider buying on dips near the support level.
The recent strategy is still mainly to buy low and avoid chasing highs.
BTC is currently finding support in the 86,700-86,100 range, with the target zone above at 87,700-89,200. $BNB is also worth paying attention to.
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ForkYouPayMe
· 12h ago
The lower Bollinger Band indeed held up, and the rhythm of this rebound is relatively stable. As long as the support level hasn't broken the key point, that's the main focus. I stand by the logic of accumulating on dips.
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DAOplomacy
· 12h ago
ngl the whole "support holds this time" narrative is getting repetitive... historically precedent suggests these levels matter until they don't, tbh. game theoretical implications of your entry point arguably hinge on stakeholder alignment with macro conditions, not just technicals. path dependency is real but so is slippage when everyone crowds the same zone at once.
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Ser_APY_2000
· 12h ago
Bollinger Bands rebounded so quickly, there really is something at the lower band. Buying the dip is indeed the way to go. Don't get cut off at high positions.
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NFTPessimist
· 12h ago
The bounce off the lower Bollinger Band is so quick, indicating that there are indeed buyers at the bottom, but I'm still a bit concerned about the sustainability of this rebound.
The idea of buying on dips is correct, but can the 86100 level really hold? To be honest, I'm a bit uncertain.
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BTCRetirementFund
· 12h ago
The bounce off the lower Bollinger Band is indeed significant. As long as it doesn't break below 86,100, we continue to look bullish.
#战略性加仓BTC December 30 Market Observation
Bitcoin four-hour chart shows some interesting points. The price dipped below the lower band of the Bollinger Bands, but the rebound was quite quick. There is real support at the lower band. Now it has returned to the middle range of the Bollinger Bands. The previous breakout high did not make a new high, and this retracement did not break the key support level—what does this mean? There is support at the bottom, so consider buying on dips near the support level.
The recent strategy is still mainly to buy low and avoid chasing highs.
BTC is currently finding support in the 86,700-86,100 range, with the target zone above at 87,700-89,200. $BNB is also worth paying attention to.