This morning, after dipping below the 91,000 mark, it rebounded strongly, with the hourly chart recording four consecutive bullish candles. The market shows a clear recovery trend. The short-term bullish outlook has been validated by practical action! Currently, the hourly bullish momentum continues to dominate. The bottoming process is basically complete. Although the long shadow on the hourly chart indicates short-term tug-of-war between bulls and bears, the acceleration and divergence of the KDJ three lines, along with the MACD shifting from negative to positive, further confirm the inevitability of the rebound trend. The short-term bullish outlook remains firm. The core strategy focuses on retracement and adding positions.
Suggestion: Buy near 91,000-90,300, with targets primarily around 92,500-93,500. If a volume breakout occurs, it can be followed up to the previous high resistance zone at 93,500.
Core reminder: The current market is in a high-level consolidation phase, with intense battles between bulls and bears. It is necessary to strictly control positions, while paying attention to the easing expectations brought by the cooling of US inflation and macro events such as upcoming cryptocurrency legislation votes. After profits are realized, it is recommended to take profits in batches and reserve some positions to continue playing the trend. $BTC #GateAI正式上线
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1.8 Bitcoin
This morning, after dipping below the 91,000 mark, it rebounded strongly, with the hourly chart recording four consecutive bullish candles. The market shows a clear recovery trend. The short-term bullish outlook has been validated by practical action! Currently, the hourly bullish momentum continues to dominate. The bottoming process is basically complete. Although the long shadow on the hourly chart indicates short-term tug-of-war between bulls and bears, the acceleration and divergence of the KDJ three lines, along with the MACD shifting from negative to positive, further confirm the inevitability of the rebound trend. The short-term bullish outlook remains firm. The core strategy focuses on retracement and adding positions.
Suggestion: Buy near 91,000-90,300, with targets primarily around 92,500-93,500. If a volume breakout occurs, it can be followed up to the previous high resistance zone at 93,500.
Core reminder: The current market is in a high-level consolidation phase, with intense battles between bulls and bears. It is necessary to strictly control positions, while paying attention to the easing expectations brought by the cooling of US inflation and macro events such as upcoming cryptocurrency legislation votes. After profits are realized, it is recommended to take profits in batches and reserve some positions to continue playing the trend. $BTC #GateAI正式上线