The expectation of a Bitcoin rebound has been realized, and the rebound has been strong, directly forming a V shape, basically recovering the previous decline and reaching the neckline position.
The current price is 105000, which is near the previous segment high, an important resistance area. It is not recommended to blindly chase long positions.
MACD golden cross, continuous rise of bullish energy bars, and the height gradually increasing indicates strong buying pressure, and there is hope for the market to continue its upward trend.
Overall, the outlook is bullish, buy on dips, do not chase highs, and wait for a pullback to confirm support at 103500-104500 before entering the market.
