Brothers, good morning!!!🌞🌞
Morning market analysis: #大饼 is strongly pushing higher, the bullish pattern continues.
Today, Bitcoin is showing a very strong bullish trend, with the market moving upward almost without any pullback opportunities, presenting a typical "short-squeeze rally".
From a technical perspective, both the daily and weekly charts have fully opened up an upward channel, especially after breaking through key resistance levels, further strengthening the bullish trend. Market sentiment is clearly leaning towards bullish.
At the four-hour level, Bitcoin's price is closely following the upper Bollinger Band, although there have been short-sellers attempting to counterattack in the short term, the pullback strength has been limited, and no effective suppression has been formed, with the overall structure still firmly dominated by bulls. Bullish momentum continues to be released, with a steady upward rhythm in the short term, and there is still room for growth in the future.
During the day, Ayi suggests focusing on buying on pullbacks, using previous top-bottom conversion points as support, and looking for opportunities to enter on dips, aligning with the trend. The core focus is on whether the bullish momentum can be sustained and the breakthrough of key resistance levels.
Trading suggestions:
$BTC : It is recommended to try light positions to go long in the 114300-114600 range, with a target towards 116500.
$ETH : You can enter long positions in the 3680-3700 range, with a short-term target looking towards the 3780 level.
