Bitcoin continues its bullish momentum in the morning, with the price consolidating around the $90,000 level. The 4-hour chart shows the price steadily trading above the middle band of the Bollinger Bands, which remain inclined upward. The RSI indicator hovers around 60 in the strong zone, indicating that the market still has upward momentum after digesting short-term profit-taking. The area between 88,500 and 87,800 below consolidates previous support turned into a platform and key moving averages, forming a solid defensive foundation.


#Gate每10分钟送1克黄金 $BTC
From the volume-price structure perspective, recent pullbacks have seen a significant decrease in trading volume, while the morning rally was accompanied by moderate volume expansion, confirming the stability of bullish positions. The daily MACD indicator shows a mild secondary expansion above the zero line, maintaining a solid mid-term bullish pattern. If trading volume can effectively break through the previous high resistance zone of 91,500-92,000, it could open space for a new upward move.

Ethereum remains strong, steadily rising along the 4-hour ascending channel. Overall, multiple technical indicators resonate to support a short-term bullish trend. Under the current pattern, after a pullback stabilizes at key support zones, it remains a priority to consider entering long positions.
BTC1,33%
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