#BTC走势分析 1D Technical Analysis (0524) For Reference Only:
BTC/USDT is currently in a clear upward channel and has rebounded multiple times after finding support at the lower bound (as indicated by the green arrows in the chart), showing strong bullish momentum. The price has slightly dipped below the midline of the channel, facing some short-term retracement pressure, but it remains within the channel.
The key support level is around 106,000 USDT (blue horizontal line). If the price can find support in this area and rebound, it is likely to continue the upward trend; however, if it breaks below this support and effectively loses the lower boundary of the channel, one should be cautious of a deeper retracement risk.
In terms of trading volume, the recent increase has been well-supported by volume, but in the last few days, the volume has slightly declined, and attention should be paid to subsequent volume changes to confirm the continuity of the trend.
🟩 Bullish Trading Strategy:
Key buying points to watch:
There is significant support around 106,000 USDT (previous low + channel lower bound), consider gradually buying on dips, with a stop loss set below the lower bound of the channel (approximately 103,000~104,000).
Expected target price:
If the trend continues, the short-term upward target is near the upper boundary of the channel (115,000~118,000)