716 Evening Analysis

In the afternoon, the large pancake continued its strong upward trend, breaking through the key level of 119000 in one go, making the short-term bullish pattern increasingly clear. The MACD indicator is also expanding, with the two lines maintaining a parallel upward rhythm, showing no signs of weakening or divergence, confirming that the current upward momentum is healthy and sufficient, and the short-term bulls still have the potential for continued gains.

It is recommended to set up long positions around the vicinity of 108000, with a target looking towards the area around 119800. $BTC #BTC☀