The daily chart continues to oscillate, with decreasing trading volume, and the lower boundary of the range remains supported. A breakout above the key resistance is needed to open up upward space; otherwise, the oscillation pattern will be difficult to change. The 1-hour chart shows a "door" pattern, with lows gradually rising, and rebounds occurring after testing the moving averages. The support below is strong. In terms of operation, focus on buying the dips during pullbacks, and short-term strategies should revolve around buying low within the range. The bulls still have the potential to recover. Recommendation: Buy within the 89500–90500 range, target: 91500, 92500, 93500#GateFun马勒戈币暴涨1251.09%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$BTC 1.12 Evening Analysis
The daily chart continues to oscillate, with decreasing trading volume, and the lower boundary of the range remains supported. A breakout above the key resistance is needed to open up upward space; otherwise, the oscillation pattern will be difficult to change. The 1-hour chart shows a "door" pattern, with lows gradually rising, and rebounds occurring after testing the moving averages. The support below is strong. In terms of operation, focus on buying the dips during pullbacks, and short-term strategies should revolve around buying low within the range. The bulls still have the potential to recover.
Recommendation: Buy within the 89500–90500 range, target: 91500, 92500, 93500#GateFun马勒戈币暴涨1251.09%