BTC Market Analysis
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1. The adjustment since the high point of 109353 is a relatively complex joint adjustment;
2. The rebound from the low point of 91530 has not shown a clear push, indicating that Bitcoin is still in a consolidation phase;
3. The overall bullish trend has not changed; this is just an adjustment, with the larger level finding support at the MA60 moving average on the daily chart;
Based on the above judgments, strategies aiming for breakthroughs on the right side may frequently hit stop losses in this market, so a left-side buying on dips (pullbacks) strategy is more suitable for the current market. For those who have already filled their positions, just lie flat and wait.
4. The American holiday is coming to an end, and starting this week, liquidity may begin to return, with altcoins still being the focus.
