It's midnight, and Brother Yang is here to chat about the situation of Bitcoin right now～

Looking at the daily candlestick, it seems okay, the bears don’t have much strength anymore (decreasing volume), and it’s climbing from the middle band to the upper band, with a prominent big bullish candle. On the upper side, around 120800, is worth noting, and below 116800 also needs to be watched closely.

Now looking at the four-hour chart, the bulls are quite strong here, the volume keeps increasing, with bullish candles one after another, all running outside the upper band. Below, the area from 118000 to 117500 can be observed more.

On the hourly chart, although the bulls are not as aggressive anymore (decreasing volume), they are still moving upwards. So the strategy is simple: mainly consider going long during pullbacks, and only occasionally short for a short time. The big direction is still looking at 120000!

Brother Yang's operation

If Bitcoin pulls back to the area around 117750 to 118300, then consider going long, with targets around 119300 to 120000.

To be honest, this strategy is useful right now, but specifics need to be monitored in real-time; I’m just giving a reference #BTC走势分析 .