Friday afternoon, the bulls are warming up, maintaining a low position unchanged.
After a continuous decline in the market recently, today the early session began to gradually warm up. We can see that after hitting the bottom at around 91,200 in the early morning, the bulls have been rising slowly. As of now, there has been a rise of 3,000 points. In the morning, the second signal to go long was given, and I believe many of you should have caught on by now?
Currently, the rhythm of oscillating upwards continues, and there is no sign of a pullback. In the short term, this oscillating trend is expected to continue. As I've said before, we should maintain a long position until we reach resistance above.
In the afternoon, Bitcoin retraced to the 94,000 area, with a target to focus on around 96,000. If it breaks through, we look upward; if it doesn't break, we can short.