$BTC

The large pancake stabilized after dipping to around 106497 yesterday, then began to move upward in a fluctuating manner. After the pullback and consolidation at the end of last week, the bullish momentum has significantly strengthened. With such a good market, what are you still hesitating about?

The daily chart has shown two consecutive days of positive closing, indicating a strong price recovery trend. From a technical perspective, the key focus in the short term is the breakthrough of the 4-hour chart's Bollinger middle band at 109000:

Once this key resistance level is effectively broken, the price is expected to quickly hit the 110000 mark and open up further upward space; if it encounters resistance and falls back, the upper pressure range will need to be reassessed. Given the current increase in market volatility, it is recommended to closely monitor hourly technical signals and flexibly adjust operational strategies; in the context of an ongoing bullish market, we maintain a bullish outlook and suggest primarily buying on dips.

Operational suggestion:

The large pancake can be bought in the range of 107700-108200, with a target around 110000.