$BTC
The key level of Bitcoin has shown an accelerated trend reversal signal, with bullish signals evident. Waiting for the consolidation market to continue bullish.
The key level of 107000 on the four-hour chart saw a rapid strong breakout after the V-shaped reversal following the drop on the 6th. This trend reversal comes from the withdrawal of bulls near 10000 and the contribution of bears at the key level of 107000. The bearish trend on the four-hour chart has been strongly reversed, and the main force shows a clear intention to push higher; it remains to be seen whether the new round of upward momentum can be sustained.
Currently, the operation mainly focuses on opening long positions on pullbacks, with expected entry points for long positions near the key support level of 107000 around 108000, targeting new highs.