BTC
From a technical perspective on the 4-hour chart, the price has rebounded from a bottom and is now in a range-bound oscillation pattern, unable to break through the bottom support. After a brief small pullback, it has started to surge upwards; on the 1-hour chart, after several consecutive downward candles last night, the price rebounded from the bottom, pulled back slightly, and has been climbing with consecutive upward candles. Currently, the momentum is sufficient, and there is an expectation for continued upward movement, with upper targets looking towards the vicinity of $107,000.
From a macroeconomic and geopolitical perspective, Federal Reserve officials have maintained interest rates and forecast two rate cuts in 2025, which has a positive impact on the cryptocurrency market. However, regarding geopolitical factors, the situation in the Middle East remains uncertain and may trigger market volatility.
Operational Suggestions
Around 102300-101700
Market conditions change rapidly; recommendations are for reference only.
