$BTC Daily Trading Ideas Sharing!!!

In the past few days, the Bitcoin market has seen intense competition between bulls and bears, with clear movements of major funds.

In the past 12 hours, the total amount of large buy orders reached 26.25 million USD, exceeding sell orders by 5.32 million, indicating a dominant bullish force. Notably, the appearance of a 1.19 million USD buy order in the afternoon directly stabilized the price above 119,240 USD, enhancing short-term support. Although a 4.2 million USD sell order attempted to push the price down, the market quickly rebounded, and the bears failed to maintain pressure.

From a technical perspective, the 2-hour candlestick has formed a doji with a long upper shadow, reflecting hesitation at high levels, but the EMA24 and EMA52 moving averages have formed a golden cross upwards, providing support for the rise.

Considering both the funding situation and technical analysis, although there is a demand for market consolidation, the bulls still hold the initiative, and there is a possibility of upward price breakout.

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