Daily level, Bitcoin continues to test the mid-range support, the bearish pullback has not effectively broken through, support is notably resilient. Moving forward, long positions can still be arranged around 117000, seizing fluctuations with the support.
At the four-hour level, the bottoming rebound trend is strengthening, after yesterday's spike and pullback, it quickly recovered, and the rise is steady, with bulls continuously gaining strength, short-term momentum is positive.
