The market in the latter half of midnight experienced a certain pullback, and in the morning, it tested the support at 105250, which was the low point of yesterday's pullback, but failed. It stabilized and rebounded, continuing to give the bulls an opportunity to recover. However, the pullback of 'Auntie' was significant, repeatedly pulling back to around 3850 before stopping the decline, and 'Auntie' also showed some signs of following the decline but not the rise. Now, whether it is a pullback or a surge, many friends are hesitant to operate. The bull market is here; if you are still afraid of heights, then you are missing out on good opportunities. Recently, whether in sideways consolidation or pullbacks, the final outcome is a recovery for the bulls, and there have been plenty of positive news lately. In such a macro environment, what are you afraid of? As the saying goes, buy on dips in a bull market. Keep up with the rhythm of the bull market, and you will be one step closer to your year-end goals.
In terms of movement, the morning pullback reached an intraday low. The pullback did not extend too much and continued to recover. The daily chart shows a small bearish candle transitioning to a doji candle, and the daily pullbacks have all led to recoveries. Currently, there are no obvious signs of pressure on the daily chart, returning to around 105250, which is also the intraday low point. The midnight high was tested again but faced pressure. It is currently in a contraction and consolidation phase, combined with a small bullish candle on the weekly chart, indicating that the pullback has ended, and for the short term, it has entered a period of oscillation. The four-hour chart's pullback did not further extend to the mid-band support; the pullback strength is insufficient. Although the moving averages have slightly turned, it is not enough to change the bullish momentum. In such a bull market, continuing to treat pullbacks as opportunities is the right mindset.
Big coin can be bought between 105300-105800, with the target initially set around 107500. Auntie can be bought between 3840-3860, with the target around 3950. #BTC再创新高 $BTC $ETH