Continuation conditions for bullish trend
- Support level: 102450 is the dividing line between bullish and bearish at the hourly level; if it holds after a pullback, the upward structure is maintained, and the bullish trend continues.
- Target level:
1. Previous high resistance level 104280 (breakthrough opens up upward space);
2. Secondary resistance zone 105400-106400-107255 (requires volume support for a breakout).
Pullback risk and support
- Breakout signal: If unable to stabilize above 102450 and closes below it on the hourly chart, a short-term pullback cycle will begin.
- Support level:
1. First support at 100950 (recent dense trading area);
2. Second support at 99200 (near the 50-hour moving average);
3. Strong support at 97730 (key daily level support).
Summary
The focus of the Bitcoin night trend is on the key level of 102450; the battle between bulls and bears will determine the short-term direction. The current market is supported by the Bitcoin linkage effect and capital inflow, but caution is needed for overbought signals (RSI approaching 70). It is recommended to base strategies on the gain or loss of 102450: if it holds, consider buying on dips, targeting previous highs and the secondary resistance zone; if it breaks, watch or defend with a light position, and gradually accumulate below support levels. Pay close attention to changes in volume and market sentiment, set stop-losses strictly, and avoid chasing highs and panic selling.$BTC #比特币走势分析