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Last night, after continuous consolidation at low levels and building momentum, the cryptocurrency price followed the US stock market's rhythm and continued to rise, once again breaking through the 92,000 mark. Subsequently, the price experienced a certain pullback, US stocks closed smoothly, and the current price is once again around 91,000, entering a phase of consolidation and correction. I clearly reminded everyone last night that the bullish outlook remains unchanged, and the predicted levels were accurately fulfilled. Live trading students who followed our strategy and entered long positions on Bitcoin also achieved precise gains of over a thousand points. Only friends who are good at seizing opportunities and following the trend can stand firm amid the waves of the crypto market and secure stable profits they desire.
Looking at Bitcoin on the four-hour chart, the overall movement shows alternating bullish and bearish tug-of-war with a slight upward trend. After a second attempt to reach above the upper band, the price quickly pulled back again. The long shadows on the four-hour candlesticks indicate that the current price remains in a state of ongoing tug-of-war between bulls and bears. The persistent tugging also causes the Bollinger Bands to slowly expand again. The gradual strengthening of bullish momentum lays a solid foundation for further upward movement. In the short-term hourly chart, after continuous fluctuations, the price once again stayed above the middle band following US stock market closure. The MACD momentum briefly turned negative but then showed convergence of the two lines, indicating that the short-term trend is still primarily bullish. After consolidation and correction, the price still has the potential and momentum to move higher. Maintaining a bullish outlook remains appropriate; pullbacks are opportunities to re-enter and add positions.
For Bitcoin, consider long positions around 91,000, watch for around 92,500; for altcoins, consider long positions near 3,070, and watch for around 3,200. #加密市场观察 #BTC行情分析