Recently, Bitcoin has been performing quite strongly, breaking through the key resistance level of $88,000 in the early hours and stabilizing above it. This level has successfully turned into a support platform, likely to continue serving as a foundation for further upward movement. Subsequently, the price continued to rise, surpassing $88,500. Throughout this process, volume and price action have been well-coordinated, indicating a typical bullish breakout pattern—this shows that the buying strength is indeed sufficient.



From the candlestick structure, this effective breakout essentially confirms the start of a new upward trend, with the market's center of gravity clearly shifting upward. What’s the next move? In the short term, it should continue to hold above $88,000, then gradually push toward $90,000, with a further resistance at $91,500 to break through.

In terms of trading strategy, BTC can be bought near $88,300 with a target of $90,000. As for Ethereum, around $2,970 is also a good long entry point, with a target set at $3,075. Patience is key in confirming signals for the rhythm—don’t rush.
BTC1,18%
ETH1,24%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
gas_fee_therapyvip
· 5h ago
88000 broke and it's gone, the key is not to backpedal, brother --- It's both bullish and support at the same time, makes me want to go all in --- This wave really has good volume and price coordination, just depends on whether it can hold steady at 90k --- Always shouting 90000, maybe I’ll have to change my tune then --- Be patient and wait for confirmation signals, it's easy to say but extremely difficult to do --- Ethereum at 2970? I already got in early, just waiting for 3075 to catch the dip buyers --- That break in the early morning was really fierce, my sleep quality has dropped again --- Good volume and price coordination sound comfortable, wait for the drop to hype it up --- Entering long at 88300, is this position really attractive? --- Bitcoin this beast is starting to act up again, the rhythm is tightly controlled
View OriginalReply0
ContractFreelancervip
· 5h ago
Once 88,000 is broken, it's broken. The key is whether we can hold it. Let's just watch and see.
View OriginalReply0
BloodInStreetsvip
· 5h ago
Starting to talk about breakthroughs, support, and new trends again. I think the 88,000 level is just a smokescreen; the real harvesting machine is still waiting behind. The ones who chase the rally are always the last batch. Don't ask me how I know.
View OriginalReply0
ConsensusBotvip
· 5h ago
Once it breaks below 88,000, the hype will start. I think this wave can push to 90,000, let's see.
View OriginalReply0
GasFeeWhisperervip
· 5h ago
88,000 broke through and that's it, the key is whether it can hold, that's the real skill. Is 90K really achievable? It's a bit uncertain. Can BTC this wave directly hit 91,500? It feels like it needs to be accumulated in stages. Wait, no, you mentioned volume and price coordination, but I don't see it. A bullish pattern is a bullish pattern, but what if it crashes down? Is this wave really a new trend or just a rebound? I'll wait for the signals; I'm not in a hurry anyway. The target of 3,075 sounds a bit optimistic; ETH has been so weak. If I enter long at 88,300, where should I place the stop loss? That's what I care about. Are the buyers enough? I only see big fish offloading.
View OriginalReply0
AirdropHermitvip
· 5h ago
88,000 has stabilized after breaking below. The bullish momentum is indeed strong, and 90k is not far away.
View OriginalReply0
PriceOracleFairyvip
· 5h ago
ngl the volume profile on this breakout is giving me serious mev-farming vibes... like are we actually buying or just watching whales shuffle liquidity again?
Reply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)