The Bullish Confidence Amidst Bitcoin's Fluctuations

The sharp drop in the morning truly caught people off guard. Given the current situation, it somewhat resembles the classic script of 'white drop and night rise' — dropping during the day to create space, then gathering strength to pull back at night.

Focus on the support level of 114500. From the 8-hour chart, this has historically been a 'hard bone' defense line for the bulls. If it truly breaks, we’d have to look for support around the previous low of 118000; but as long as it holds, the spark of this bullish trend is still alive, and saying Bitcoin will reach 130,000 is not just talk.

So, the afternoon strategy remains unchanged, continue to go long on dips:

If Bitcoin retraces to around 114500-115000, you can enter with a light position, targeting first at 118000-120000, and if it stabilizes, then look towards 130000.

Be patient and wait for signals, don’t let short-term fluctuations throw you off your rhythm～

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