1.6 Monday Afternoon Thought Reference
The ideas we provided in the morning have been validated. Currently, the market has reached a peak of 99800 and is experiencing some pressure. The Auntie side also follows the market trend of the big cake, encountering resistance as it continues to rise to around 3698. From the current daily level, the previous candlestick closed as a doji, continuing a bullish trend. The Bollinger Bands are in a contracted state; although it has not yet broken through the 100,000 resistance, it has shown some continuation. Currently, the price has displayed a strong structure of seven consecutive bullish candles. Looking at the four-hour chart, every time the market pulls back to the middle track support, it gives a certain rebound and begins to rise continuously. On the hourly chart, every time the market breaks through, it provides some room for retracement. Overall, the strength of the pullback has not shown much continuation. The current demand for pullback is not as large as in the morning, and the short-term expectation is to consolidate with fluctuations to build momentum for continuing to open the upward channel. For the current major direction, we continue to maintain a bullish outlook. In the future, the big cake can be targeted for multiple entries near 98000/98500, with a goal above 100,000. For the Auntie side, reference points can be near 3640/3620 for buying, with a target around 3750. $BTC $ETH #BTC🔥🔥🔥🔥🔥 Public Account Li Hui Talks About Coin
