Yesterday, the daily chart closed with a large bullish candle, officially establishing a one-sided upward trend, perfectly ending the recent volatile market.
From the 4-hour perspective, $BTC has been steadily rising with consecutive bullish candles, interspersed with a few small bullish K-lines, showing elongated upper and lower shadows. There has been a slight pullback correction, but the strength is relatively weak, almost negligible compared to the strength of the bulls. The Bollinger Bands continue to widen upward, and the MACD lines are extending upward. Currently, the price is consolidating near the upper band.
In terms of smaller timeframes, the pullbacks observed are more of a technical adjustment after the rise, and the overall bullish trend remains unchanged. The midday trading suggestion is to first observe the pullback, and after it stabilizes, to follow the trend and go long, as operating with the trend is safer.
Bitcoin trading suggestion: Go long at 102000-102500, targeting around 104000, with a stop loss at 101000.
