Looking back at the midnight Bitcoin market, it showed a range-bound trading pattern. After the price fell to the low point of 117120, it rebounded to the high point of 118460, and then immediately faced selling pressure and fell back. Near the morning session, the market hit a low of 117267. According to the midnight strategy, Bitcoin moved perfectly, and as the morning approached, the price continued to decline as expected, reaching the anticipated entry point, currently moving towards the target direction.
From an hourly perspective, after a round of downward movement, bulls provided a slight rebound, and all indicators have turned upward. After significant volatility, the market initially entered a consolidation phase. Given this, the focus today remains on maintaining a high-low strategy.
Buy Bitcoin around 117500-116800, targeting the area of 118800-119800.
