In the early morning, the Bitcoin price surged again, and the price comparison dropped sharply, strongly declining to a low of 98115. The significant threshold of 100000 was successfully breached. After a second bottoming around 98000, the market experienced a technical rebound. As of now, the price comparison has returned above the 100000 threshold and stabilized. Although we didn't capture this wave of Bitcoin price action, we did manage to enter at a low based on our previous strategy, successfully gaining nearly 2000 points, which is quite good.

Currently, on the daily chart, there have been four consecutive negative closes. The Bitcoin price has fully surged, and the lower shadow is gradually lengthening, indicating that the market is beginning to gain strength. On the four-hour level, the price comparison shows a stepwise downward trend. After another plunge resulting in a large bearish candle, the market began to gain momentum, leading to a rebound. The future market will revolve around an upward trend. On the hourly chart, the price comparison touched a low and broke the previous weekly low of 98800, showing a trend of oscillation and recovery. If the current price can stabilize, it is expected to return to around 102000, and if it tests the 100000 threshold again, we can look for support at the 98800 weekly level. The strategy remains focused on entering at low prices, ensuring proper risk management.

Bitcoin target range 100500-100000, looking towards 102000

Ethereum target range 2170-2200, looking towards 2300$BTC $ETH #BTC #BTC走势分析