9.3 Market Perspective

From the 4-hour chart, the overall trend of Bitcoin prices is still in a downtrend phase. Although the bottom has broken the rhythm, it also indicates a short-term change. Fortunately, the MACD golden cross has not ended with an increase in volume, and the K-line has touched the upper Bollinger Band, showing strong bullish momentum. The key resistance is at 111,900, with strong pressure at 113,500; looking at the 1-hour chart, the MACD appears slightly fatigued, showing signs of a small pullback. As long as the key support at 110,000 holds, the short-term bullish trend remains unchanged.

Trading Suggestion: Buy Bitcoin on dips around 110,300-110,600, with a stop loss at 109,600. The target is to see around 112,000-112,500, and if broken, look for 113,000-113,500. If not broken, consider shorting. $BTC #Strategy增持比特币