Returning to the market, Bitcoin's daily chart is beginning to show signs of pressure. The upper shadow of the bearish candlestick has elongated, and the new high range has not provided effective support. Additionally, on the four-hour structure, it can be seen that Bitcoin is moving within the range of 107,000 to 108,000 points in a box structure. The candlestick remains in a sideways state. On the one-hour structure, the price is basically operating at the lower bound of the range. The Bollinger Bands are starting to open; once it breaks down, it will likely continue to extend. Therefore, overall, the Bitcoin range is suggested to buy at 117,200-116,800, with a target around 118,000. For the altcoin, a buy is suggested around 2,930, with a target near 2,970. $BTC#BTC再创新高
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