Midnight Analysis:
The current market exhibits a bullish dominant structural characteristic. The four-hour cycle has recorded three consecutive bullish candles, maintaining an upward trend.
Although the pressure from the upper Bollinger Band is quite significant, resulting in long upper shadows on the bullish candles, the overall pattern has not disrupted the rhythm of bullish control, and the core momentum of the upward trend remains solid.
Suggested Trading Strategy:
BTC can be positioned for long orders in the range of 120300-120800, with a target looking towards around 123000. #BTC重返12万 $BTC