Can we chase the rise, or will it fall again?
Is the Federal Reserve's interest rate cut really easing up or just a pipe dream?
Plummeting, liquidating, bottom fishing?
Late at night, a V-shaped rebound at 6000 points, be careful that just as you shout "the bull is back," you could be hammered into confusion by a double explosion of bulls and bears.
Can the ceasefire between Israel and Iran truly stabilize?
As soon as Trump announced the ceasefire, Iran came out to undermine it by saying "no agreement signed," and the Israeli Prime Minister has told the cabinet to keep quiet. Is this the right time to rush in and chase the rise?
When the Federal Reserve and politicians start their performance, retail investors will always be the fish on the chopping board!
This month, Bitcoin has likely already found a bottom at 98200.
From a short-term perspective, all indicators below the daily level are bullish. If the price pulls back to the range of 100800-102100, it will definitely present another opportunity for an upward surge.
However, from a weekly trend perspective, the bearish pressure is still present, so we can't be too optimistic for now.
But in the short term, the rebound trend at the daily level is very stable, and further increases are expected.
⭕️ The key resistance levels above are 106500 and 107700. If we can break through these, the bulls will be fully energized.
The support levels below are 102100 and 103800. As long as the price does not drop below these, this rebound trend can continue.
Stay tuned to Hashini for continuous updates～