Qin Feng's Evening Thoughts

Today's Bitcoin white plate may have a pullback but has not broken key support. From a technical perspective, the 4-hour chart shows a good upward structure, and the consolidation is to build up momentum for a surge. Moreover, after the previous decline, it has stabilized and rebounded at an important support level, indicating bullish strength. As long as the key support is maintained in the evening, it is highly likely to continue rising, and one can position long orders near the support level.

Position long near Bitcoin at 113000-113500, targeting around 114000, with a stop loss at 112800#btc .