The upward momentum is still strong. After the price increase, there has not been a significant pullback. Observing the one-hour chart, Bitcoin managed to strongly break through the upper limit of the Bollinger range. Although there were minor short pullbacks during this period, its strength and persistence were clearly insufficient, far from forming a trend reversal signal. Overall, Bitcoin's trajectory still clearly presents a bullish dominance pattern. Several attempts from the bears to pull back have shown weakness and are not enough to shake the current strong technical formation. Their impact is more reflected in the temporary delay of the rapid rise pace and the necessary correction of the indicators, instead gathering momentum for the subsequent upward movement. Therefore, for the subsequent planning strategy, our core idea remains unchanged: continue to evolve around follow-up ideas in the morning, first looking for a pullback, patiently waiting for the price to stabilize in the main support area, and gradually following up with buy positions based on pullback opportunities.
Buy Bitcoin around 106,000, target 108,000.
