Midday Analysis
The recent market trend has been poor, continuously reaching new highs without any clear pattern, and many low-position short positions have been liquidated. The current market phase will not easily allow short positions to exit, and perhaps after a period of consolidation at high levels, an upward trend will continue.
The hourly Bollinger Bands indicate that after the price broke through the upper band, it closed back within the band at 7 AM, but the trend continues to guide the middle band upward, forming a clear one-sided upward trend.
Trading Suggestion: Buy on the dip near 115500 for Bitcoin, conservative at 117500, aggressive at 119000! #BTC再创新高 #比特币
