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Monday morning thoughts:
The Bitcoin bulls increased in volume last night, rising from around 117,700 to around 119,600, and are currently oscillating around 119,000.
The daily K-line shows a bullish increasing candlestick, indicating a strong trend. On the four-hour level, there is a bearish increasing doji star, and the Bollinger Bands are gradually narrowing. Attention should be paid to the resistance near 120500 above.
Hourly bullish volume decreases while closing with a gain, with support looking towards the 117500-118000 range. Be cautious of the risk of a pullback; in terms of operations, consider timing your layout based on the breakout situation.
Bitcoin 118000 support level, target 119500-121000
Auntie 2920 on the front line, target 3000-3100
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