2026-01-01 06:50:18

I looked at Bitcoin's recent trend, and there's still a lot of story on the 4-hour chart. This morning, it stalled at the 87200 level and then started to stabilize. Now it's oscillating around 87800, and the Bollinger Bands are gradually tightening—this kind of sign usually indicates that a direction is about to emerge. The middle and lower bands are both beginning to turn upward, which is a good signal.

The short-term support and resistance levels are quite clear. The 1-hour candlestick chart is even more interesting; the lows of the pullbacks are gradually getting higher, indicating that the bears are showing some weakness, and the selling pressure can't hold up. Trading volume continues to decline, and there's not enough momentum for the price to drop sharply.

From this perspective, considering a long position around 87000 and 86500 is a reasonable idea. If it breaks through smoothly, the next target is 89400, and if it really breaks below, 92600 is the next potential space.

BTC-2,62%

ETH-4,31%

SOL-3,42%

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TommyTeacher1

· 01-03 15:45

When the Bollinger Bands tighten, it's just waiting for a break. The current bullish atmosphere really has that vibe.

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BearMarketSurvivor

· 01-03 13:13

Bollinger Bands are tightening, and the bears are indeed losing momentum. The 87,000 level is crucial; the bulls should cherish it well.

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ImpermanentSage

· 01-02 11:58

The Bollinger Bands are tightening again with the usual spiel about a breakout, but what’s the result each time?

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ProofOfNothing

· 01-01 07:19

I'm tired of the Bollinger Bands tightening, but the 87,000 level is indeed interesting. Let's move and give it a try.

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ShamedApeSeller

· 01-01 07:19

The Bollinger Bands are tightening; we should be cautious this time. Last time, playing like this, it broke straight through.

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Web3Educator

· 01-01 07:17

ngl the bounce pattern here is textbook bullish divergence—let me break this down for my students real quick: when price action refuses to crack support while volume dries up, that's literally the setup we teach in week 3 of the bootcamp. 87k is the pedagogical inflection point here.

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ProveMyZK

· 01-01 07:13

The Bollinger Bands tightening this time indeed makes it easier to determine the direction, and it feels like the bears are losing strength.

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SelfMadeRuggee

· 01-01 06:56

When the Bollinger Bands tighten, a move is imminent. This wave of bears truly can't hold on anymore.

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DeFiChef

· 01-01 06:54

When the Bollinger Bands tighten, it's time to act.