BTC Market Review (January 13): Although there was a short-term rebound, the market is still oscillating within the original range, and a breakout will still take time.
A few details worth noting —
First, the price has stabilized above the 120-day/200-day moving averages on the 1-hour and 4-hour charts. What does this mean? The hourly timeframe is beginning to turn upward, showing significantly stronger momentum compared to previous rebounds. From a technical perspective, this steady hold above key moving averages is no small feat.
The daily chart's rebound momentum has improved compared to earlier, although a clear breakout has not yet formed, but this force is accumulating. Wait, as long as it doesn't break out of the original range, there's no need to rush to conclusions. The current situation is: the bulls are gathering strength, but further observation is definitely needed.
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GweiWatcher
· 01-13 20:55
Staying above the moving average is a good sign, but I still need to wait for a breakout before getting excited. Can this rebound continue?
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MetaverseHermit
· 01-13 20:47
Hey, are you accumulating momentum again? I'm just worried that this might be another false alarm. Let's wait until there's a breakout to see.
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SignatureVerifier
· 01-13 20:41
ngl, "accumulating momentum" is just cope for "we're still stuck here" — show me the actual breakout or stop the technicals theater, fr fr
Reply0
SigmaValidator
· 01-13 20:34
This rebound is indeed interesting; the moving averages have stabilized, but we still need to wait for a breakout.
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quietly_staking
· 01-13 20:27
Standing firm on the moving average isn't a small feat, but breaking through is the real deal. In nice terms, it's about gathering strength; in less nice terms, it's still testing the waters.
BTC Market Review (January 13): Although there was a short-term rebound, the market is still oscillating within the original range, and a breakout will still take time.
A few details worth noting —
First, the price has stabilized above the 120-day/200-day moving averages on the 1-hour and 4-hour charts. What does this mean? The hourly timeframe is beginning to turn upward, showing significantly stronger momentum compared to previous rebounds. From a technical perspective, this steady hold above key moving averages is no small feat.
The daily chart's rebound momentum has improved compared to earlier, although a clear breakout has not yet formed, but this force is accumulating. Wait, as long as it doesn't break out of the original range, there's no need to rush to conclusions. The current situation is: the bulls are gathering strength, but further observation is definitely needed.