5.9📌 BTC Market Analysis (1 Hour Level)
After a continuous accelerated rise, the price has entered a high-level consolidation area, likely to form a platform to continue the attack or induce a top structure.
Key Areas:
Strong Support Area 100800 – 101200 Previous breakthrough accumulation platform, first pullback can go long
Secondary Support Area 99200 – 99700 If it pulls back to this level and holds, then the bullish trend continues
Current Consolidation Area 102800 – 104000 High-level volatility, sideways accumulation or top signal
Potential Resistance Area 104200 – 105000 If it continues to break out with volume, then it accelerates to the top
Operation Direction Choice:
✅ Prefer Long
🔁 Short light position at high levels, only limited to the appearance of top signals
📈 Long Strategy (Mainline Suggestions):
1. Long on Pullback
Entry Range: 101000 – 101300
Stop Loss: 100400
Take Profit Target: 103800 / 104800
2. Follow Long on Breakout
Condition: Break 104000 and stabilize
Entry Range: 104100 – 104300
Stop Loss: 103300
Take Profit Target: 105000 / 106800