Monday afternoon, the bulls are strong like a bull, pullbacks are for buying

After the early session saw a breakthrough high that could not be sustained, there were not many pullback actions, and then it rebounded again, showing a strong bullish pattern in the trend. From the perspective of the chart, the daily line shows an upward trend with consecutive bullish candles, and the lower lows are continuously rising. The short-term trend is relatively strong, with consecutive bullish candles on the daily line, indicating that there are still signs of continuation in the short term.

On the 4-hour chart, there is a step-like rise, following a long upper shadow candle, the price has also risen to a high position. With the breakthrough upward movement in the morning, the price reached a high of 106600, while the Bollinger Bands are opening upward. Currently, the middle band still has strong support, and there are no signs of turning downward in the short term. In the afternoon, continue to maintain pullbacks for buying!

In the afternoon, Bitcoin in the 14500-14300 range is an opportunity, with targets focusing on the 106000-107000 area.