Thursday morning, bulls are strongly moving upward

Overnight, Bitcoin once again rose, reaching a peak price of around 101900, then faced downward pressure. After dipping to the 95600 level during yesterday's daytime trading, the market continued to rise, with an overall increase of 6500 points. The rise was accompanied by some pullback actions, and the current price is fluctuating around 100500.

In the short-term 4-hour chart, the price has formed a clear V-shaped reversal pattern and shows signs of continuation. After breaking through the resistance level of 100000 in the head and shoulders bottom trend, it continues to push higher. It has now stabilized at the middle track; although there is currently a pause, it has not given any significant signals for a large retracement. After a brief correction, it may continue to rise. The bullish trend is strong, providing opportunities to go long on pullbacks!

In the 100300 area for Bitcoin, the target to watch is around 102000. If it does not continue upward, one can consider going short at #市场调整后的方向 .