The large pancake (Bitcoin) has stabilized after a high pullback in the morning, entering a long period of horizontal consolidation. It has retraced to the lowest point around 104200, and is currently trading near 105000. The pullback strategy we provided in the morning has been implemented, maintaining a bullish outlook. The market has been moving slowly after the morning's fluctuations, which is normal; we are now in a process of trading time for space, and we can patiently wait.
From the current chart, we can see that the 104500 level has formed strong support, and the midday pullbacks have all occurred around this level. This is why we identified this level as our entry point in the morning. From the four-hour timeframe, the volume is still increasing, and the price is adhering to the upper Bollinger Band with continuous upward movement, with no obvious resistance above. In the afternoon, we still expect the momentum to continue and create new highs again.
Large pancake: 104500~104800, looking up to 106600.
Auntie: 3930~3950, looking up to 4100. #BTC重回关键位置后走势 #纳斯达克100指数宣布纳入微策略 #比特币战略储备 #BTC☀ #ETH🔥🔥🔥🔥 $BTC $ETH $XRP