Last night's market was indeed unexpected and quite headache-inducing. Just yesterday, we were saying that the bulls were a bit weak, and it seemed that the double bottom support might be broken. Before the evening surge, the overall market trend did indeed align with that judgment. Who could have predicted that the market would actually reverse dramatically in the evening, with the bulls suddenly gaining strength and directly rushing towards the vicinity of 100,000.

From the 4-hour structure chart, the candlestick pattern shows that the double bottom support has played its role, followed by a large bullish candle that surged above the moving average. The bulls gained strength again, breaking the previous short-term downward pattern and returning to a bullish trend. Although there were consecutive bearish candles on the daily level previously, a large bullish candle has broken the downward channel. Currently, there is pressure near 100,000 in the short term, so we need to pay attention to the situation of this resistance being broken.

The operational thought is as follows:

If it pulls back to the range of 97,500 - 97,000, go long, with a stop loss of 600 points,

Targeting 100,000 - 100,500. If we reach this position without a breakthrough, we can consider taking a short position.

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