$BTC After Bitcoin rises to $865,000 and then pulls back ๐ฅ
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๐ด $BTC Bitcoin rises to $865,000 and then pulls back โ short-term bullish
โ ๏ธ Technical outlook: After BTC surged above $865,000, it pulled back to around 85,207. Currently, the daily, 4H, and 1H moving averages are all in a bullish configuration, dispersing upward. The ADX shows trend strength on the daily chart is close to 40, and upward momentum is still present. After the MACD golden cross, trading volume increased; the red bars continue to expand. In the KDJ, K has crossed above D and has not entered the overbought zone, so the pullback is a normal consolidation. Support is at 74,909; resistance is at 87,385. After a breakout, look for new highs.
๐ข Market updates: Trumpโs softened stance on tariffs boosted risk assets and sparked a rebound. BitGo announced a $2.1B IPO, which boosted institutional confidence. The Solana ecosystemโs SKR token saw a surge, reviving altcoin sentiment, and overall the market is in a bullish mood.
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๐ Watch for first-hand trading updates on unusual price moves ๐
#ๆๆฏๅๆ #After Bitcoin rises to $865,000 and then pulls back #BTC
๐ When trading, pay attention to whether the candlestick patterns match
โโโโโโโโโโโโโโโโโโโโ
๐ด $BTC Bitcoin rises to $865,000 and then pulls back โ short-term bullish
โ ๏ธ Technical outlook: After BTC surged above $865,000, it pulled back to around 85,207. Currently, the daily, 4H, and 1H moving averages are all in a bullish configuration, dispersing upward. The ADX shows trend strength on the daily chart is close to 40, and upward momentum is still present. After the MACD golden cross, trading volume increased; the red bars continue to expand. In the KDJ, K has crossed above D and has not entered the overbought zone, so the pullback is a normal consolidation. Support is at 74,909; resistance is at 87,385. After a breakout, look for new highs.
๐ข Market updates: Trumpโs softened stance on tariffs boosted risk assets and sparked a rebound. BitGo announced a $2.1B IPO, which boosted institutional confidence. The Solana ecosystemโs SKR token saw a surge, reviving altcoin sentiment, and overall the market is in a bullish mood.
โโโโโโโโโโโโโโโโโโโโ
๐ Watch for first-hand trading updates on unusual price moves ๐
#ๆๆฏๅๆ #After Bitcoin rises to $865,000 and then pulls back #BTC
๐ When trading, pay attention to whether the candlestick patterns match
