$BTC #比特币走势观察 #币安全球用户突破2.5亿 1.6 Monday Morning Thoughts
It's a new week again, and Bitcoin has been relatively slow in its rhythm over the weekend. The price has formed a consolidation after surging to around 99000 last week. After a pullback and correction in the short term, it continues to rise, currently reaching the 98600 area. Today's strategy is to adopt a low-buy approach, and the market has lived up to expectations, continuously rising without giving much pullback. Therefore, in this slow rising trend, we should continue to maintain a low-buy strategy!
1.6 Monday Morning Analysis
The daily chart clearly shows an upward trend, with K-lines continuously probing higher without much pullback. Moreover, the bullish momentum still has continuity, so the main structure continues to look upward. The 4-hour chart has also been moving higher recently, with a strong short-term trend and a fluctuating upward movement, so being bullish is the current main tone. Likewise, the hourly chart has not provided opportunities for bearish performance, and the market is mainly showing upward behavior, so in the context of a strong main rhythm, we should continue to maintain a low-buy strategy!
1.6 Monday Morning Operation Suggestions
For Bitcoin operations, it is suggested to go long in the 98000-97500 area, targeting the 99500-100500 area, with a stop-loss of 600 points.