Currently, under the appearance of weakness, Bitcoin is demonstrating remarkable resilience at a key technical area. On the four-hour chart, the candlestick with a pronounced lower shadow is more than just a pattern—it serves as a clear record of defense. Bears have tested the downside multiple times but have been met with strong and sustained support. Especially on the one-hour chart, after the price precisely dipped to 90822, it was quickly recovered. This clearly indicates that the support below is not just nominal, but a well-defended “defensive stronghold” by the bulls.
It is recommended to go long around 90800 and 91300, with initial targets at 93500, and if that level is broken, look to 96000. $BTC $ETH #晒出我的Alpha积分
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Currently, under the appearance of weakness, Bitcoin is demonstrating remarkable resilience at a key technical area. On the four-hour chart, the candlestick with a pronounced lower shadow is more than just a pattern—it serves as a clear record of defense. Bears have tested the downside multiple times but have been met with strong and sustained support. Especially on the one-hour chart, after the price precisely dipped to 90822, it was quickly recovered. This clearly indicates that the support below is not just nominal, but a well-defended “defensive stronghold” by the bulls.
It is recommended to go long around 90800 and 91300, with initial targets at 93500, and if that level is broken, look to 96000.
$BTC $ETH #晒出我的Alpha积分