In the articles from the day before yesterday and yesterday, it was emphasized that the target for the BTC pullback can focus on the range of 104500-105000, and today it has dipped to 105010, which meets expectations. Yesterday, at the end of the article, I reminded everyone to go long below 106000, and currently, the profit is close to 2000 points.
For the friends who have been going long during this period, I have always emphasized the need to ensure that forced liquidation is below 104500. As expected, the pullback finally stopped above 104500, and now those who should profit have profited, and those who need to break even have broken even. The rebound is not over yet, and low-level long positions should continue to be held patiently.
Market Analysis
Firstly, for the 1h level, my personal view remains unchanged, as both the completed pullbacks and the current beginning of a rebound are all consistent with recent forecasts, and this rebound is very likely to be the upward move away from the central segment.
Currently, the rebound is not over yet, and the target, as shown in the figure, is still focusing on around 110600.
Short-term
From the perspective of the 15m structure, it is still in an upward trend, and no obvious reversal signals have been seen for the time being, so let's see if it can go above 108000 later. Because it is overall in a 1h rebound, it is reasonable to say that a small pullback in the short term will not break below 106000 again. Therefore, even if there are spikes downwards breaking below 107000 in the early morning, everyone should continue to go long.#BTC #BTC走势分析 $BTC