#美联储回购协议计划 market is testing a critical level back and forth, and Bitcoin is currently at a decision point.
From a technical perspective, the hourly chart has already shown a bottoming rebound near the midline after a continuous decline, and $BTC price is still maintaining an upward momentum, in a slow rising phase. The 2-hour chart is no exception; after breaking support, it quickly stopped the loss and recovered, forming a rebound pattern.
Currently, the Bollinger Bands are narrowing, which often indicates a potential directional breakout in the future. For traders, after confirming a key support level, consider buying on dips — but only after waiting for a clearer confirmation of a low point, and avoid blindly chasing highs. Market changes rapidly, and risk management should always come first.
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Degentleman
· 8h ago
Bollinger Bands are narrowing, and this rhythm feels like something big is about to happen. Wait for a confirmation of the lows before making a move, or you'll risk getting caught.
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HodlVeteran
· 8h ago
The bear market has taught me a clear lesson. Now I'm just waiting for the bottom confirmation. I'm done with all-in betting.
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GateUser-75ee51e7
· 8h ago
The Bollinger Bands are narrowing and about to break out again. I've heard this saying too many times haha... Let's wait for a lower point before talking. Right now, those chasing are all just newbies.
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LiquidationTherapist
· 8h ago
The Bollinger Bands are narrowing again, and here comes the same talk about a breakout. But what’s the result? It’s the same old story—don’t be reckless until the lows are confirmed.
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OfflineNewbie
· 8h ago
I've heard the phrase "Bollinger Bands narrowing" too many times. Every time, they say it will break out, but it just consolidates sideways. I'm too lazy to wait for the lows; I just like to gamble on my instincts.
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HappyToBeDumped
· 8h ago
When the Bollinger Bands narrow, I know something's going to happen. The key is who can bet on the right direction. Anyway, I don't have that kind of luck.
#美联储回购协议计划 market is testing a critical level back and forth, and Bitcoin is currently at a decision point.
From a technical perspective, the hourly chart has already shown a bottoming rebound near the midline after a continuous decline, and $BTC price is still maintaining an upward momentum, in a slow rising phase. The 2-hour chart is no exception; after breaking support, it quickly stopped the loss and recovered, forming a rebound pattern.
Currently, the Bollinger Bands are narrowing, which often indicates a potential directional breakout in the future. For traders, after confirming a key support level, consider buying on dips — but only after waiting for a clearer confirmation of a low point, and avoid blindly chasing highs. Market changes rapidly, and risk management should always come first.