When the same opportunity of $BTC presents itself, some people can sense the breath of crisis in the fog, while others can penetrate through layers of uncertainty to glimpse the faint light of wealth. Bitcoin surged to 116900 in the morning and has since been in a slow downward trend, currently reaching a low of 115200.
Currently, Bitcoin is showing a volatile pattern after encountering resistance following the surge. The hourly chart exhibits a step-like ascending structure, with multiple attempts to break through previous highs but constrained by resistance levels. A pullback to the support level indicates a gradual upward trend. In the evening, after a pullback to the lower Bollinger Band, it stabilized and rebounded, indicating that the support below is effective and bullish momentum has not yet been fully released. The candlestick pattern shows that the short-term head characteristics have completed volume release, and there is a need for upward correction in the future.
Buy Bitcoin around 114500, target 117000.
Buy Ethereum around 4180, target 4300.


