See original
The overall market trend yesterday was still fiercely bullish, but there was a pullback before the rally began, successfully rising and stabilizing above 100,000.
In the 4-hour structure chart, the K-line crazily tested the heavy pressure zone at 100,000, lingering in a sideways movement waiting for buying interest to step in. At the moment the U.S. stock market opened, it successfully broke through the heavy pressure area of 100,000, and the bullish momentum began to increase. The bullish trend has once again opened a breakthrough point, and the overall market direction doesn't need much explanation; it will definitely continue to rise. Today's operation suggestion is to think primarily in bullish terms during pullbacks.
Bitcoin has pulled back to the range of 101,000-100,500 for buying, with a target of 104,000-105,000.
In the 4-hour structure chart, the K-line crazily tested the heavy pressure zone at 100,000, lingering in a sideways movement waiting for buying interest to step in. At the moment the U.S. stock market opened, it successfully broke through the heavy pressure area of 100,000, and the bullish momentum began to increase. The bullish trend has once again opened a breakthrough point, and the overall market direction doesn't need much explanation; it will definitely continue to rise. Today's operation suggestion is to think primarily in bullish terms during pullbacks.
Bitcoin has pulled back to the range of 101,000-100,500 for buying, with a target of 104,000-105,000.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
103,804.95
+0.05%
ETH
3,344.88
+3.17%
Replies 0