Currently, the trend of Bitcoin shows a continuous rise in the four-hour low points. After a pullback near 101270 yesterday, it rebounded again. The MACD indicator shows a decrease in bearish volume, and both lines are turning upward above the water level. Overall, the structure maintains a descending wedge consolidation state. If the daily trend can hold the middle band support of the Bollinger Bands, there is still a chance to break through the upper resistance of the wedge consolidation.
Bitcoin Reference: 103800 long, target 105800, defend 1000 points. $BTC $ETH
