$BTC **$BTC Market Update: Bullish Momentum with Key Levels to Watch**
Today's market is trending upward with some volatility. BTC opened at **53,596**, with bulls pushing from the lows, though pullbacks occurred along the way. Later, another rally pushed prices to a high of **55,774**, but stability was short-lived as the market retreated nearly **1,000 points**. Currently, BTC is trading around **54,900**.
On the **daily chart**, we see a slow but steady bullish candle, while the **hourly chart** shows a choppy uptrend—each rise comes with a pullback, yet higher highs suggest the bullish trend isn’t over. However, the long upper wick from the previous bearish candle signals caution.
**Key Support Levels:**
- **BTC:** **54,500**
- **ETH:** **2,260**
**Strategy:** Look for **long entries on pullbacks** near support. Stay nimble as the market evolves!
#BTC #Crypto #Trading #Bitcoin