$BTC 85150 First target achieved; for the short term, still look for upside toward 85470
Brothers, in my last post my exact words were: “84950 is the key level. As long as it’s not lost, the short-term bias is still bullish. Above, first look at 85150.” I just checked the chart—the momentum and timing we followed again were right on point. As of this tracking, the highest price has already reached above 85150; the first target is hit, and the direction matches our earlier judgment.
Now looking at the chart again: over the past four hours, BTC has been trading in a tight range above 85094. It closed at 85244, down only 0.04%, while the low at 85094 was quickly reclaimed by buyers, giving the bears no big opportunity. More importantly, let’s look at volume: in the last two hours, the trading volume is 26% higher than in the first two hours. Yet the price did not make a new low. This is a mild buildup after a pullback fails to break, not a blow-off distribution move with heavy volume.
In addition, the recent several 15-minute candlesticks have all closed steadily above 85243. The lows have been stepping up—moving up to 85208 step by step—so the short-term structure is still relatively strong.
So my plan remains unchanged: for the short term, keep looking for longs. The key support has moved up to 85094. As long as it doesn’t break, we keep holding this momentum. Above, first watch 85470—once it holds, then we’ll look to the next step. Conversely, if it breaks below 85094, then I’ll withdraw the short-term long view and won’t stubbornly hold.
Don’t chase. A chance appears when price pulls back and stabilizes at the key level. $BTC
Original post: https://www.binance.com/zh-CN/square/post/373595847810033
Brothers, in my last post my exact words were: “84950 is the key level. As long as it’s not lost, the short-term bias is still bullish. Above, first look at 85150.” I just checked the chart—the momentum and timing we followed again were right on point. As of this tracking, the highest price has already reached above 85150; the first target is hit, and the direction matches our earlier judgment.
Now looking at the chart again: over the past four hours, BTC has been trading in a tight range above 85094. It closed at 85244, down only 0.04%, while the low at 85094 was quickly reclaimed by buyers, giving the bears no big opportunity. More importantly, let’s look at volume: in the last two hours, the trading volume is 26% higher than in the first two hours. Yet the price did not make a new low. This is a mild buildup after a pullback fails to break, not a blow-off distribution move with heavy volume.
In addition, the recent several 15-minute candlesticks have all closed steadily above 85243. The lows have been stepping up—moving up to 85208 step by step—so the short-term structure is still relatively strong.
So my plan remains unchanged: for the short term, keep looking for longs. The key support has moved up to 85094. As long as it doesn’t break, we keep holding this momentum. Above, first watch 85470—once it holds, then we’ll look to the next step. Conversely, if it breaks below 85094, then I’ll withdraw the short-term long view and won’t stubbornly hold.
Don’t chase. A chance appears when price pulls back and stabilizes at the key level. $BTC
Original post: https://www.binance.com/zh-CN/square/post/373595847810033