The support at $BTC 111900 has firmly held! A new round of upward cycles is about to begin!
On the hourly chart, the bullish signal of a bottom divergence is very clear — the price has dropped to a new low, but the technical indicators are moving upwards, signaling that the market is saying 'it's time to rise'.
Next, the price will aggressively approach around 114700. This position is both the previous peak of the consolidation and the key point that must be taken for the current rebound. With the current momentum, a breakthrough is just a matter of time.
Looking at the 4-hour chart, the double bottom pattern is almost set up. The first rebound stabilized near 111900, and this time it returned to the same point for stabilization. As long as it can steadily stand above 114700 afterward, the double bottom will be completely formed. At that time, the previous adjustment will be concluded, and a new upward trend will come immediately!
So don't hesitate. Whether it's the short-term hourly signals or the medium-term 4-hour patterns, they are all telling you: the big pie is going to rise, and this wave of upward momentum is very strong! Follow Hu Ge for real-time analysis! $ETH #杰克逊霍尔会议 $SOL #BNB创新高