1.3 Morning Bitcoin Market Analysis!

Currently, the bulls are continuously testing upward pressure, with the current resistance concentrated around 98,000. In the morning, we will focus on whether it can break through; if it stabilizes after breaking, there is a hope for a price to reach the 100,000 mark again. If it remains under pressure, it will continue to enter a range of oscillation and consolidation.

From a technical analysis perspective, within the key framework of the four-hour structure chart, yesterday's market accurately retraced to the mid-band of the Bollinger Bands, an important technical node, and subsequently triggered a strong rebound. It is worth noting that the market's top-bottom conversion rules are vividly reflected here, where the previous strong resistance at the mid-band has transformed into a solid strong support level at present, undoubtedly providing a key support foundation for the bulls' subsequent actions.

From a daily chart perspective, the appearance of consecutive bullish candles marks a phase of recovery for the bulls, and the upward extending trend is still continuing to ferment. Therefore, in the morning layout, we can focus on opportunities to buy low. #币安Alpha公布第10批项目 #币安全球用户突破2.5亿 #比特币走势观察 $BTC $ETH