The morning market shows a typical "dip confirmation - volume expansion to push higher" bullish pattern. After receiving strong support around 90175, Bitcoin quickly surged to 92500, indicating robust bullish momentum. The current price has retraced from the high point to around 91500, which is a healthy technical correction after a continuous rise, aimed at digesting short-term profit-taking and consolidating support below, thus preparing for the next upward move.
From a technical perspective, the morning rally was accompanied by significant volume, while the current pullback shows moderate volume, indicating a healthy adjustment. Key support levels can be focused on the 91000-91200 range. As long as the price stabilizes above this zone, combined with the strong support at the early low of 90175, the overall upward channel remains intact. The first major resistance is still near the previous high of 92500. A breakout above this level could open the way toward the 93000-93500 region.
In terms of trading strategy, it is recommended to maintain a bullish bias and consider the current pullback as a buying opportunity. If the price stabilizes within the 91000-91200 range, consider entering long positions in batches, with a stop-loss below 89800, and target 92500 and above. Overall, the bullish trend remains unchanged, and the strategy should follow the trend, seizing the opportunity for low-level dips to buy. #我看好的中文Meme币 $BTC
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The morning market shows a typical "dip confirmation - volume expansion to push higher" bullish pattern. After receiving strong support around 90175, Bitcoin quickly surged to 92500, indicating robust bullish momentum. The current price has retraced from the high point to around 91500, which is a healthy technical correction after a continuous rise, aimed at digesting short-term profit-taking and consolidating support below, thus preparing for the next upward move.
From a technical perspective, the morning rally was accompanied by significant volume, while the current pullback shows moderate volume, indicating a healthy adjustment. Key support levels can be focused on the 91000-91200 range. As long as the price stabilizes above this zone, combined with the strong support at the early low of 90175, the overall upward channel remains intact. The first major resistance is still near the previous high of 92500. A breakout above this level could open the way toward the 93000-93500 region.
In terms of trading strategy, it is recommended to maintain a bullish bias and consider the current pullback as a buying opportunity. If the price stabilizes within the 91000-91200 range, consider entering long positions in batches, with a stop-loss below 89800, and target 92500 and above. Overall, the bullish trend remains unchanged, and the strategy should follow the trend, seizing the opportunity for low-level dips to buy. #我看好的中文Meme币 $BTC