#数字资产动态追踪 $BTC $ETH Analysis of the Night Market on January 6th and Trading Strategies
Looking at the chart, both Bitcoin and Ethereum show clear accumulation characteristics. On the 4-hour K-line, the price suddenly broke through the key resistance level that had been tested multiple times before, followed by three consecutive bearish candles pulling back. But there's no need to be overly nervous—this breakout of the resistance indicates that the long-term suppression structure has loosened, and the upward space is gradually opening. More importantly, the decline in this round is noticeably smaller than the previous upward wave, showing that the momentum is weakening. Overall, the price remains firmly within the medium- to long-term upward channel. So this is not a trend reversal, just a normal consolidation after a breakout.
Switching to the 1-hour chart, the correction shows an orderly stair-step decline, with the price gradually retracing from the upper Bollinger Band to the support zone at the lower band. Although there was a wave of bearish momentum release along the way, the Bollinger Bands did not open downward; instead, the three lines began to converge. This is a clear signal—short-term downward momentum is rapidly diminishing, and the downward space is locked in. This pattern usually indicates that the price will regroup at key support levels to gather strength for an upward move.
In summary, after the breakout, the market is confirming its technical stance through a volume-reducing pullback and channel support. The current price has reached an important support zone, and the convergence of Bollinger Bands along with waning momentum both suggest that the short-term correction is nearing its end. The trading logic is simple: treat the pullback as an opportunity, patiently wait for stabilization signals, focus on long positions at low levels, and prepare to capitalize on the next upward surge after a breakout.
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MetaverseMortgage
· 01-09 00:56
Breaking the level is just breaking the level, it's not that complicated... Can Bollinger Bands convergence really indicate anything? To be honest, I still prefer to wait for actual volume confirmation before taking action.
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FundingMartyr
· 01-08 22:48
Consolidation after breaking the level is a good opportunity for low buying; it all depends on whether the support level can hold steady.
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Frontrunner
· 01-08 15:33
Breaking below and then retracing, isn't this the rhythm of accumulation? Low-position ambush is the true strategy.
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NotFinancialAdviser
· 01-07 04:52
Breaking the level is just breaking the level, what are you talking about with momentum decay... I see it as just a trap to shake out traders, don't be fooled by false breakouts.
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Blockchainiac
· 01-06 10:20
Consolidation after a breakdown, this routine is very familiar... The Bollinger Bands converging means preparing for a big move. I feel this drop is just a shakeout; buying at the low is the real deal.
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BearWhisperGod
· 01-06 10:14
After the breakout, this wave of adjustment is just a shakeout; there's nothing to worry about. Laying low at the bottom is the real strategy.
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RugpullSurvivor
· 01-06 10:04
Consolidation after a break below, this pullback is a good opportunity for low-cost entry. The Bollinger Bands are converging, indicating that the downward momentum is really running out. If the support holds, it's time to consider accumulating at lower levels.
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LiquidityHunter
· 01-06 10:03
The convergence of Bollinger Bands is indeed interesting. What was the liquidity depth like when retesting the support level? It's a bit of a pity that I didn't see the spread data of the trading pairs.
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SillyWhale
· 01-06 09:54
Consolidation after breaking the level; I've seen through this routine long ago, just waiting to buy the dip.
#数字资产动态追踪 $BTC $ETH Analysis of the Night Market on January 6th and Trading Strategies
Looking at the chart, both Bitcoin and Ethereum show clear accumulation characteristics. On the 4-hour K-line, the price suddenly broke through the key resistance level that had been tested multiple times before, followed by three consecutive bearish candles pulling back. But there's no need to be overly nervous—this breakout of the resistance indicates that the long-term suppression structure has loosened, and the upward space is gradually opening. More importantly, the decline in this round is noticeably smaller than the previous upward wave, showing that the momentum is weakening. Overall, the price remains firmly within the medium- to long-term upward channel. So this is not a trend reversal, just a normal consolidation after a breakout.
Switching to the 1-hour chart, the correction shows an orderly stair-step decline, with the price gradually retracing from the upper Bollinger Band to the support zone at the lower band. Although there was a wave of bearish momentum release along the way, the Bollinger Bands did not open downward; instead, the three lines began to converge. This is a clear signal—short-term downward momentum is rapidly diminishing, and the downward space is locked in. This pattern usually indicates that the price will regroup at key support levels to gather strength for an upward move.
In summary, after the breakout, the market is confirming its technical stance through a volume-reducing pullback and channel support. The current price has reached an important support zone, and the convergence of Bollinger Bands along with waning momentum both suggest that the short-term correction is nearing its end. The trading logic is simple: treat the pullback as an opportunity, patiently wait for stabilization signals, focus on long positions at low levels, and prepare to capitalize on the next upward surge after a breakout.