The weekend saw the overall market maintain a volatile pattern. This morning, after Bitcoin dipped to around 90,100, it began a rebound as expected, reaching a high of approximately 91,700; the "mistress" also moved higher in sync, and both Bitcoin and the "mistress" fulfilled their expected movements!
From the current market perspective, the 4-hour chart shows Bitcoin rebounding after testing the 89,100 bottom, successfully breaking above the middle band of the Bollinger Bands, which is a key signal of bullish momentum returning. It is worth noting that during the decline phase, trading volume significantly decreased, while during the rebound, volume gently increased. This indicates that market selling pressure has greatly eased, and the short-term rebound momentum is further confirmed! Based on the current market situation, the overall strategy remains unchanged with a low position layout. Bitcoin retraces to around 90,800-90,100, with an outlook towards 92,000-93,800; if broken, it could reach 95,000. The "mistress" retraces to around 3,100-3,050, with an outlook towards 3,180-3,250.
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The weekend saw the overall market maintain a volatile pattern. This morning, after Bitcoin dipped to around 90,100, it began a rebound as expected, reaching a high of approximately 91,700; the "mistress" also moved higher in sync, and both Bitcoin and the "mistress" fulfilled their expected movements!
From the current market perspective, the 4-hour chart shows Bitcoin rebounding after testing the 89,100 bottom, successfully breaking above the middle band of the Bollinger Bands, which is a key signal of bullish momentum returning. It is worth noting that during the decline phase, trading volume significantly decreased, while during the rebound, volume gently increased. This indicates that market selling pressure has greatly eased, and the short-term rebound momentum is further confirmed! Based on the current market situation, the overall strategy remains unchanged with a low position layout.
Bitcoin retraces to around 90,800-90,100, with an outlook towards 92,000-93,800; if broken, it could reach 95,000.
The "mistress" retraces to around 3,100-3,050, with an outlook towards 3,180-3,250.