The Last Bottom Fishing Opportunity? $BTC Early Morning V Violence Breakthrough, Bull Market is Coming Soon!
BTC experienced sharp fluctuations early in the morning, initially dropping below $107,000 to a low of $106,769, and then quickly rebounding to around $108,000. The current price is hovering around $107,800, with fierce competition between bulls and bears.
The 4-hour chart shows the price oscillating repeatedly near the midline, with a doji pattern reflecting market hesitation. Although there was a significant drop below support, the subsequent rebound on lower volume indicates a weakening of the bears, and the MACD indicator has shown a divergence signal.
The 1-hour chart shows an incremental upward trend, but the resistance at $108,000 is evident. $ETH is following the fluctuations, with relatively mild volatility, consolidating after rebounding from $2,610 to $2,700.
In terms of operations, one can go long between $107,300 and $107,800, targeting $108,800, while paying attention to the $108,000 resistance; if it cannot break through, a pullback to the $106,700 support may occur.
During the day, I will continue to arrange Shen Dan. Interested parties can leave a message in the comments section.
