March 11th, Tuesday, Afternoon Pan Thinking Bullish

From a short-term perspective, the running channel has opened downwards to release space, the price has found support on the downside, signs of recovery have already appeared, and the bearish volume is decreasing. After the moving averages consistently released downwards, they have now turned upward, and the warming trend has already begun.

On the four-hour level, the price did not rise and then fell, currently testing low support. The running channel has narrowed again, with frequent transitions between long and short volumes. The fluctuations have once again diminished, and the short cycle remains unchanged. In the short term, although there are fluctuations leading to a decline, recovery is happening without continuation of the downward movement. Our upcoming strategy will primarily focus on buying low.

Bitcoin personal trading advice: Buy near 79500-78500, target 80000-81500. If it breaks, continue to look upward!