Bitcoin's overnight market once again tested the lows before rebounding. The overall market trend aligns with Lin Kun's thoughts from yesterday. Undoubtedly, the layout of long positions during the trading session has been successful. So far, the highest price reached around 100,680, facing some minor pullback. Due to the strong bullish momentum, even with the pullback, bulls can quickly recover lost ground, and the price will slowly continue to test higher levels. The trend is quite clear: it is bullish. The pullback provides us with opportunities to enter long positions. Are we following along?

Looking at the 4-hour chart, the price has once again risen with two consecutive bullish candles, breaking above the upper Bollinger Band and standing above the upper boundary of the range. The price has shown strong bullish performance, and after a long period of consolidation, the short-term moving average indicators are turning upwards, forming a one-sided bullish divergence. The space for a pullback in this strong market is limited, so any minor retracement in the future should be met with active buying. Otherwise, the continuation of the upward trend could easily lead to missed opportunities. The bulls are coming in strong, and the strategy for future operations remains unchanged: buy on pullbacks at lower levels!

In the morning operations for Bitcoin, Lin Kun personally suggests buying on a pullback to the 99,000-98,500 range, with a target looking at the 100,500-101,000 range!