【Daily Analysis】
BTC continues to maintain a fluctuating upward structure at the daily level, exhibiting a step-like rise since mid-April. The current price is operating between the middle and upper bands of BOLL, in a healthy pullback phase.
The BOLL channel is open and has not closed, with a complete trend structure;
Although the MACD shows slightly weakened momentum after the golden cross, it has not broken below the 0 axis and remains bullish;
Key support below is around the 105800 area, which is a previously dense trading zone, combined with the 10-day moving average to construct a resonance support.
If the next two days close positively, it is very likely to complete three consecutive daily gains, leading to a standard pullback followed by a secondary upward attack.
【4-Hour Analysis】
From the 4-hour perspective, BTC has formed a small double bottom pattern in the 106800~107000 range after two rounds of adjustments, with the bottom gradually rising.
The lower BOLL band has stopped falling and rebounded, consolidating near the middle band;
The MACD green bars continue to shorten, and DIF and DEA are expected to form a golden cross again, accumulating rebound momentum;
Currently at the upper edge of a minor rebound, if the momentum builds up, it may directly test the 109000~110000 range.
The short-term structure is biased towards fluctuating upward, and it is advisable to trade with the trend on dips.
【1-Hour Analysis】
On the 1-hour chart, BTC has repeatedly stopped falling in the 107000~107200 range, forming a strong support zone in the short term.
The MACD fast and slow lines are about to form a golden cross, with bottom momentum rising;
The BOLL channel is beginning to turn upward, with expectations for increased short-term volatility;
If it can effectively hold the round number of 108000, it will open up further rebound space for the day.
Bulls have begun to attempt to reverse the situation, and a short-term layout window has appeared.
✅ Trading Suggestion (Bullish in the short to medium term)
Opening range: 107700 ~ 107800
First support level: 109000
Second support level: 110000
Support level: 106000
The current stage is a typical 'squat and accumulate' phase, with no divergence in indicators, no structural damage, and the price forming a platform in a densely supported area. Combined with MACD and BOLL signals, it can be judged as a high probability healthy washout, with pullbacks as opportunities.
This area is a pullback point from previous highs + a small cycle bottoming zone, combined with three cycle resonance signals, suitable for small positions to try a long; if it breaks out in the medium term, gradually increase positions, targeting above 109000.
