The midday Bitcoin price once retraced to the 101459 line to stop falling, and the market still maintains a range-bound operation. I reminded everyone in the morning that after a surge, there would be a need for correction, and after the market retraced and fell below the 102000 line since the morning, the market has been consolidating in a narrower range, with fluctuations only reaching nearly 500 points. The layout for the day also reminded everyone that it is advisable to maintain a range-bound mindset in operations. The market push still needs the evening U.S. trading time.

From the current market perspective, the overall trend shows a strong bullish performance. The daily line has received a continuation of the morning bull opening point to pull higher. Although the market has shown some consolidation and momentum, the bullish trend is becoming increasingly evident. The four-hour line is consolidating at a high level without providing too much continuation for the bears, and the consolidation is still in an upward channel. As the upper track is raised for correction, the K-line has once again returned below the upper track, and the current bullish volume is decreasing, but in the short term, it has not broken the momentum consolidation range. This also indicates that the bullish strength is still intact. Due to the convergence of the KDJ indicator lines, our operations should still adopt a strategy of buying on retracement.

Bitcoin can be bought at 101000-101500, with a target of 103500 unchanged. Ethereum can be bought at 3630-3650, with a target around 3750. #BTC重返10万 #微策略持续增持BTC $BTC $ETH