Bitcoin has recently shown a stepwise upward trend, with highs continuously breaking through previous resistance levels. The daily chart is dominated by bullish candles, indicating that the bulls are leading the market. However, the 4-hour cycle shows a "yin-yang alternating" oscillation pattern, with multiple candles at high levels featuring upper and lower shadows, reflecting increased short-term bullish and bearish divergence. The need for a pullback and consolidation is evident.
Trading Strategy Bitcoin ranges between 93,300-93,800, with a target of 92,000 and a downside target of 90,500.
Altcoin (Alt) ranges between 3,200-3,220, with a target of 3,150 and a downside target of 3,080.
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Monday Night Bitcoin and Altcoin Strategy
Bitcoin has recently shown a stepwise upward trend, with highs continuously breaking through previous resistance levels. The daily chart is dominated by bullish candles, indicating that the bulls are leading the market. However, the 4-hour cycle shows a "yin-yang alternating" oscillation pattern, with multiple candles at high levels featuring upper and lower shadows, reflecting increased short-term bullish and bearish divergence. The need for a pullback and consolidation is evident.
Trading Strategy
Bitcoin ranges between 93,300-93,800, with a target of 92,000 and a downside target of 90,500.
Altcoin (Alt) ranges between 3,200-3,220, with a target of 3,150 and a downside target of 3,080.