Current BTC Price near 105300, based on the candlestick structure, the trend has rebounded and corrected from the 102600 area in the past two days, but has not strongly broken through the moving average resistance, and is still operating within the consolidation platform after a major drop, with the market at a critical point of choosing the trend.
Technical Breakdown (1H Cycle):
Moving Average System: The short-term EMA5 (105298) and EMA10 (105314) have completed a golden cross, with the price oscillating close to the moving averages, indicating that the direction is still unclear, but the structure is not weak.
BOLL Channel: The middle track of the Bollinger Bands at 105944 slightly constitutes resistance, although the Bollinger Bands have slightly expanded, the upper and lower tracks are still not fully opened, indicating that the market is still accumulating strength.
SAR Indicator: Changed to a support arrangement below, with enhanced support, but not far from the candlestick, signal strength is moderate.
Trading Volume: Clear signs of a rebound with reduced volume, if there is no follow-up in volume, the upward push may easily face resistance.
Operational Strategy Suggestions:
Forecast for Market Trend: Fluctuating with a slight bias towards more upward movements, with a slightly higher probability of upward correction than a pullback.
First Bamboo Shoot Position: 106000
Second Bamboo Shoot Position: 106400
Bamboo Shoot Position: 104500
