🛳️Market Trend: The current market is in a box oscillation pattern, with Bitcoin encountering resistance at the 106000 level and falling back to 104200, followed by a slight rebound. It is currently oscillating within a small range. The overall big trend is upwards, with strong support at the upper and lower trend lines. The short-term adjustment has not damaged the upward structure. In the four-hour chart, the lower Bollinger band is moving up, indicating that the support below is gradually increasing. KDJ dead cross turns upwards ↑, releasing short-term ↑ momentum. The MACD is expected to show a significant increase in momentum, with a clear bottoming formation, indicating that the momentum is building up.
Suggestion: Big cake: hovering around 104500-105000, targeting around 106000-107500. Two cakes: around 2480-2510, the target is around 2580-2630 #BTC
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6.15 midday analysis
🛳️Market Trend: The current market is in a box oscillation pattern, with Bitcoin encountering resistance at the 106000 level and falling back to 104200, followed by a slight rebound. It is currently oscillating within a small range. The overall big trend is upwards, with strong support at the upper and lower trend lines. The short-term adjustment has not damaged the upward structure.
In the four-hour chart, the lower Bollinger band is moving up, indicating that the support below is gradually increasing.
KDJ dead cross turns upwards ↑, releasing short-term ↑ momentum.
The MACD is expected to show a significant increase in momentum, with a clear bottoming formation, indicating that the momentum is building up.
Suggestion:
Big cake: hovering around 104500-105000, targeting around 106000-107500.
Two cakes: around 2480-2510, the target is around 2580-2630 #BTC