Since the last round formed a W-shaped structure, BTC pulled back to around 78500 early yesterday morning and has now made a V-shaped reversal. It has currently reached the right-side peak at 84500, which is also the high point pressure zone that has been defended for several days.

From the 4-hour perspective, the Bollinger Bands channel is opening, with the upper band expanding upwards through the MA180 and continuing to approach the EMA220 position. From the short-term momentum perspective, breaking through this position should not be an issue. Therefore, the upper level can continue to see around 85200, and breaking this position could also lead to further upward movement towards the top trend line and the 86000-86500 position.

Of course, while it is a good thing for the bulls to regain some ground, you should only consider going long during a pullback. Don't aggressively chase longs at high levels; be wary of a repeat of the previous scenario!

So a pullback can be considered near the 1-hour middle track position of 82700, as the short-term pullbacks are all around this level's middle track position.

So it is more suitable for opening the cabin! Also, if the downward movement is slow during an upward trend, you can consider positions closer to this level. If the retracement speed is fast, then you can consider entering near the 81200 position of the 4-hour midline.

Range between 82700-82300, target 84500-85500

The range of 81200-81500 is observed, with a target of 83500-84500-85500.

As for Kong's suggestion, attention should be paid to the position above 85900 on the daily line before considering intervention. The daily golden cross is currently forming, so it depends on whether the closing can be successful. Kong must set a good stop loss. A space of 2000 points is sufficient, and one should not be too greedy! #BTC & ETH周末行情分析 #行情震荡，做空还是做多？ #特朗普暂停关税