1. Operational Thinking
From a deep analysis of the current overall performance of the market, we hold an optimistic attitude towards the continuation of the bullish trend and future market expectations. In the operational logic of the financial market, pullbacks are an indispensable part of an upward trend; they do not signify the end of the bullish trend, but rather a form of accumulation and adjustment. Once the pullback is completed, it is highly likely that the market will return to a strong bullish upward pace.
From the daily chart perspective, although there is certain pullback space in the current upward trend, the price remains firmly above the middle band of the Bollinger Bands in the short term. This position not only serves as an important technical support reference but also reflects that bullish forces still hold a relative advantage in the medium to short term. The morning's short-term trend shows a pattern of first pulling back and then stabilizing and recovering lost ground, a pattern that is relatively common in the volatile financial market, where both bulls and bears are testing their strength during the early trading session.
Based on the above market performance, in terms of operational strategy, it is recommended that investors focus on key levels for gradual operations. Regarding position control, given the uncertainty of market volatility, it is advisable to moderately reduce position size to lower potential risk exposure. At the same time, the stop-loss level can be set more loosely, as setting it too narrowly during market pullbacks can easily be triggered by normal price fluctuations, leading to premature exits and missing subsequent upward trends.
Looking ahead to this week, based on a comprehensive judgment of macro trends and micro technical indicators, it is highly likely that the bulls will set new short-term highs. Although the pullback space has expanded with market volatility, the overall market is still in a transitional phase of bullish accumulation. Intraday, considering the trend of rising prices, a short-term pattern of pulling back and then stabilizing and recovering may occur again. Operationally, it is still essential to accurately grasp key levels and implement a gradual operation strategy. From the analysis of the four-hour chart, the current 4-hour chart shows the potential for another rally to break through previous highs. After a series of convoluted consolidations, prices are continuously accumulating momentum, and with the gradual rise of lows, the market is building strength, waiting for the right moment to break through current highs, thereby opening up new upward space.
2. Operational Suggestions
It is recommended to establish bullish positions in the price range of 93500 - 92800 for BTC, with target price levels looking at the 95000 - 98000 range.
【For reference only, please proceed with caution when entering the market】
