Yesterday, Bitcoin maintained a sideways consolidation pattern until the US stock market opened, then surged sharply to 94,400. Subsequently, momentum waned, and the market faced downward pressure, dipping to around 91,200. Our "First Surge, Then Correction" strategy executed yesterday has all been fulfilled as scheduled.
From the current chart perspective, the daily level has recently maintained a range-bound oscillation, with a bottoming pattern forming at lower levels. Although there has been a short-term rebound after five consecutive bullish days, indicating a desire to break out of the range, the current pullback is shallow and lacks continuity. This suggests that the current correction is more about gathering strength for a future breakout. Therefore, the overall main idea remains to maintain a low correction.
Bitcoin retraced to around 92,100-91,300, with an eye on 93,800-94,800. $BTC #比特币六连涨
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Yesterday, Bitcoin maintained a sideways consolidation pattern until the US stock market opened, then surged sharply to 94,400. Subsequently, momentum waned, and the market faced downward pressure, dipping to around 91,200. Our "First Surge, Then Correction" strategy executed yesterday has all been fulfilled as scheduled.
From the current chart perspective, the daily level has recently maintained a range-bound oscillation, with a bottoming pattern forming at lower levels. Although there has been a short-term rebound after five consecutive bullish days, indicating a desire to break out of the range, the current pullback is shallow and lacks continuity. This suggests that the current correction is more about gathering strength for a future breakout. Therefore, the overall main idea remains to maintain a low correction.
Bitcoin retraced to around 92,100-91,300, with an eye on 93,800-94,800. $BTC #比特币六连涨