Yesterday, Bitcoin surged from the early morning low of 95,630, with prices continuing to rise overnight, reaching a high of 101,900 before experiencing a slight pullback for consolidation. Currently, Bitcoin's overall trend has entered a phase of volatility again; in this kind of market, effectively grasping short-term trades is also a good approach.
On the hourly chart, the price is currently operating near the upper band, with support levels gradually moving upward. The Bollinger Bands are opening upwards, indicating a significant overall upward trend. Although there has been a slight pullback, the intensity is very limited, and bulls quickly reclaiming lost ground highlights their strong momentum. Therefore, each small pullback presents a good opportunity to enter long positions.
Buy Bitcoin on dips between 99,000–99,500, targeting 102,000.