Morning Thoughts on Qin Feng

In the early morning, Bitcoin fluctuated upward, touching 116,963 before retreating, stabilizing around 116,400. In the one-hour chart, the price is between the middle and upper bands, with a short-term bullish trend. However, the current position is close to the upper band, facing some pressure. Nonetheless, the MACD value is positive, continuously signaling bullish momentum, indicating the possibility of further upward movement in the market.

Bitcoin is positioned bullishly around 115,000-115,500, targeting 116,200-116,500.

Yi Tai is positioned bullishly around 4,240-4,280, targeting 4,320-4,350. #btc