Thursday, Afternoon Suggestions

Trend judgment comes first, on-the-spot decision-making comes later. Profit is just the beginning, doubling is just the goal, strength is your cash machine.

From the four-hour structure chart, the bullish momentum continues to expand. If the bulls continue to push upwards today, pay attention to the resistance at 97300. All moving averages are consistently testing upwards, and the market has already shown a three consecutive bullish trend; therefore, today’s strategy remains predominantly bullish. We will make further arrangements once the 97300 level is broken.

The 1-hour moving averages for Bitcoin continue to form golden crosses and diverge upwards, indicating that there is still room for bullishness. Since this is a dip day on Thursday, the morning suggestion is to operate in the 96500-96000 range, targeting 97000-97500 before continuing to rise. Therefore, the dip is merely to test the support below; the pullback is just to prepare for a better jump. Slight adjustments should be made to continue holding long positions!

Thursday, afternoon suggestion: operate in the 96500-96000 range, targeting 97000-97500.