Morning Analysis

The momentum of Bitcoin has明显减弱, entering the correction phase. From the 1-hour candlestick chart, the price has fallen from the upper Bollinger Band to above the middle band, and the downward trend is becoming evident.

Focus on the support at the middle band, as previous corrections stabilized here before rebounding, and the upward space has expanded compared to the last time, showing a gradual breakthrough of the upper pressure. Morning operations still prioritize low long positions,

It is recommended to go long in the range of 114300-114500, with a target of 116000. If it breaks, the next level to watch is 117000; if it doesn't break, consider reversing to short. $BTC $ETH #加密市场反弹