717 Evening Analysis

After the afternoon correction at 117860, the market rebounded, with a high breaking 119000, perfectly aligning with the midday strategy. A student entered a long position at 117926 and took profit at 119028, capturing a gain of 1102 points.

The four-hour chart shows that after the price peaked at 120000, it slightly retraced, and then a bullish candle reclaimed lost ground, with the upward structure unchanged. The KDJ death cross did not trigger a deep correction, showing strong bullish momentum; the MACD bottom divergence signal has strengthened, indicating consolidation for upward momentum, maintaining a bullish outlook for the future.

Trading suggestion: Go long near 118500 for a target of 125000. #BTC☀ $BTC