From the 1-hour K-line chart, the price is currently operating above the EMA(7) moving average at 117640, indicating a strong short-term trend. The three moving averages show a bullish arrangement (EMA7 > EMA25 > EMA99), which suggests that the upward trend remains healthy.

Although there was a slight pullback during the lunch break, it has consistently held above the key support level, and the pullback occurred with mild volume, which is a healthy adjustment.

Currently, the price is oscillating near the upper Bollinger Band, with more upward space in the short term. It is recommended to accumulate positions on dips.

$BTC : Bullish near 116800-117300

Targets: 118000-118500-119000

If it breaks through, look for further upward movement, and strictly manage stop losses!