Midday BTC Trend Analysis and Trading Strategy 🚀🚀
From the four-hour cycle perspective, the current structure is still dominated by bulls, with the market continuing to run close to the upper Bollinger Band, showing strong upward intent. Although bears have attempted to pull back temporarily, the overall decline has been limited and has not broken the upward rhythm.
In terms of indicators, the KDJ three lines are synchronized and turning upwards, indicating a golden cross expectation, with momentum leaning strong; the MACD dual lines are diverging upwards, with bullish volume continuing to be released, further reinforcing the medium-term upward trend.
Switching to the hourly level for observation, although there was a slight pullback after three consecutive bullish candles, the overall trend remains within the upward channel, and the key support has not been broken, representing a normal technical correction within the trend.
As long as the lower edge of the channel is not effectively broken, the market is likely to continue the oscillating upward pattern.
Trading Suggestions:
Pullback Range: 114000 - 113500, gradually go long
Upper Target Range: 115500 - 116500, focus on taking profits
