From a technical indicator perspective, the 4-hour MACD histogram has turned from red to green, and the fast and slow lines remain below the zero axis. The MACD histogram turning from red to green indicates that the rebound strength in the market is limited, and the bullish momentum is gradually weakening; the fast and slow lines being below the zero axis indicates that the overall trend is weak, and the market is still in a state of oscillation and adjustment. However, it is worth noting that the lows are continuously rising, which shows that the bulls are still trying to accumulate strength. If the key support level of the current bottom formation is not broken, the market will continue to rise.
Evening operation suggestion:
For Bitcoin, around 104800-105300, target at 107500, and after breaking, aim for 108500.