Bitcoin is currently around 95,300. The hourly chart shows a clear rhythm—price dropped from 96,500 in the morning, found support around 94,200, then rebounded to the 95,000-95,500 range for repeated confirmation.
Looking at support, the recent strong support zone is between 94,200 and 94,500 (short-term neckline + EMA30 here). If broken, the next support level to watch is 94,000. On the upside, resistance at 96,000-96,500 is a confluence of previous highs and early morning rally peaks. Breaking through this range, the next strong resistance is at 97,000 (upper Bollinger Band on the daily chart).
Indicators are actually giving some bullish signals—hourly EMA is arranged in a very orderly bullish pattern, MACD shows signs of gentle volume increase from the bottom, DIF and DEA are showing upward turns, and Bollinger Bands are tightening. All these suggest a higher probability of short-term consolidation with a bullish bias. However, the key is whether volume can effectively follow through; this is the real decisive factor.
Operationally, the approach could be as follows: if the price returns to around 94,500 with support confirmed, a small long position could be considered, with a stop-loss below 94,000. During a rebound, if resistance is encountered near 96,000, consider a short-term short position, with a stop-loss above 96,500. The core principle remains strict position control—don't be greedy.
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Layer2Arbitrageur
· 11h ago
honestly the volume confirmation part is what matters here—rest is just noise if orderflow doesn't show up. seen too many false EMA setups get rekt at 96k
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NftMetaversePainter
· 11h ago
honestly the volume narrative here is what actually matters... all these pretty EMA alignments mean zilch if buyers aren't showing up on the tape, you know? this is where most retail gets liquidated tbh
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EthMaximalist
· 11h ago
The 94,200 level must hold, if it breaks, we all have to run.
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liquidation_watcher
· 12h ago
If the support at 94500 is confirmed here, I need to go long and not miss this rebound.
View OriginalReply0
gas_fee_therapy
· 12h ago
That 94,500 point really needs to hold, or we're heading straight to 94k.
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PumpAnalyst
· 12h ago
94500 this level is indeed interesting, but I care more about whether the trading volume can keep up
The big players are building a bottom again, fellow investors, don't be fooled by the rebound
If it breaks 94000, it will really be a nightmare, so don't cry then
If it can't get past 96500, be prepared to cut losses; this rebound smells a bit off
No matter how good the technicals look, there must be volume; a rebound without volume is just air
View OriginalReply0
GasFeeCrying
· 12h ago
As long as there is support around 94500, I dare to buy the dip. The question is whether the trading volume can keep up. That's the key.
Bitcoin is currently around 95,300. The hourly chart shows a clear rhythm—price dropped from 96,500 in the morning, found support around 94,200, then rebounded to the 95,000-95,500 range for repeated confirmation.
Looking at support, the recent strong support zone is between 94,200 and 94,500 (short-term neckline + EMA30 here). If broken, the next support level to watch is 94,000. On the upside, resistance at 96,000-96,500 is a confluence of previous highs and early morning rally peaks. Breaking through this range, the next strong resistance is at 97,000 (upper Bollinger Band on the daily chart).
Indicators are actually giving some bullish signals—hourly EMA is arranged in a very orderly bullish pattern, MACD shows signs of gentle volume increase from the bottom, DIF and DEA are showing upward turns, and Bollinger Bands are tightening. All these suggest a higher probability of short-term consolidation with a bullish bias. However, the key is whether volume can effectively follow through; this is the real decisive factor.
Operationally, the approach could be as follows: if the price returns to around 94,500 with support confirmed, a small long position could be considered, with a stop-loss below 94,000. During a rebound, if resistance is encountered near 96,000, consider a short-term short position, with a stop-loss above 96,500. The core principle remains strict position control—don't be greedy.