#BTC走势分析 From the current 4-hour cycle of Bitcoin, the price trend shows a clear bullish trend. The moving averages, whether it's the 5-period, 10-period, or 20-period, all display a well-ordered bullish momentum, and the price consistently operates above the moving averages, forming a step-like upward movement. In the technical indicator MACD, the dual lines continue to operate above the zero line. Although the red bars occasionally shorten, there has been no obvious divergence, indicating that bullish momentum still exists. The Bollinger Bands channel continues to open upward, with a steep slope on the middle track, indicating the current strong pattern. As a dynamic support line, it has effectively supported the price during multiple pullbacks.

Yesterday, the candlestick formed a small bullish candle with a long lower shadow. The lower points at 109300/108300 are not only key positions for intraday bottoming and rebounding but also establish an intraday dividing line between bulls and bears. For intraday trading strategy, one can rely on this resonance support area.

For a more aggressive approach, one could try to go long in the price range of 110000-110400 with a light position, setting the upper target first at the previous high point around 111900, where it coincides with the previous dense trading area and the Fibonacci 38.2% retracement level as a resistance level.

If the price effectively breaks below the core support level of 108000, it may trigger a short-term trend reversal, and it is advisable to stop losses promptly. $BTC #比特币突破11万美元 $ETH