$BTC
From the analysis of the four-hour K-line trend of Bitcoin, the market, after a brief decline, quickly switched to a strong rebound mode. The current support level has significantly moved up compared to earlier periods, which intuitively reflects that the bullish strength is continuously strengthening. Observing the relationship between volume and price, there was no panic selling during the market's pullback phase; instead, the market gradually stabilized with decreasing volume in the support area, indicating good chip locking. After sufficient consolidation, the technical pattern shows that the price has broken through the upper edge of a local range, the Bollinger Bands are beginning to expand, the MACD indicator has formed a golden cross above the zero axis, and the moving average system is showing a bullish arrangement. Multi-cycle resonance signals suggest that the market is likely to achieve a new round of upward breakthroughs. In terms of operations, one can focus on low-buy opportunities near the support level.
Operational suggestions:
Buy Bitcoin at 102400-102900, target 104500.
