Who says a slow rise isn’t a rise? The upside potential won’t be that far behind either. The bulls remain just as strong as ever. The pullback and repair in the daytime yesterday almost finished consuming the momentum that needed to be used. Since yesterday evening, the market has started to move into stronger consolidation and upward movement. During the midnight phase, the brief market pause even lifted a step higher as a support base. BTC has been kept in a tug-of-war above 86000 all along. In the morning, the price rebounded and tested the high, stretching up toward around 86600. The rebound space provided played out as expected. The long positions near 85500 from yesterday are still being held firmly. If you have the same setup, follow the same train of thought.

Technically speaking, the current repair move is nearing its end, and the market is about to begin a new round of upswing. On the daily timeframe, that earlier strong surge broke through the upper Bollinger Band directly, creating an overbought, high-level run. Yesterday’s pullback is essentially a technical correction of that overextended upside. That’s why the chart saw a brief retreat. Now that the repair is basically complete, the candles are running close to the upper Bollinger Band, continuously driving bullish sentiment in the market. On the four-hour timeframe, the price has been repeatedly ranging and consolidating in the high zone; after a brief dip, the bulls continue to increase volume and have formed a structure of a slow, steady continuation. Currently, the coin price has successfully held above 86000. A new support platform has been confirmed and stabilized. The positioning idea is clear—going forward, simply follow the trend and go long.

BTC long in the 85800-85500 range Target 87500
ETH long in the 2740-2720 range Target 2810
#AI股持续上涨还有哪些投资机会 $BTC #BitwiseNEAR质押ETP资产突破1亿美元 $ETH