Currently, the trend of BTC shows that the four-hour lows are continuously rising, and after a pullback near 101270 yesterday, it has rebounded again. On the indicators, the MACD short positions volume bars are decreasing, and the dual lines are turning upwards above the water. Overall, the structure is maintaining a falling wedge consolidation state. If the daily trend can hold the support of the middle band of the Bollinger Bands, there is still a chance to break through the upper resistance of the wedge consolidation.
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Currently, the trend of BTC shows that the four-hour lows are continuously rising, and after a pullback near 101270 yesterday, it has rebounded again. On the indicators, the MACD short positions volume bars are decreasing, and the dual lines are turning upwards above the water. Overall, the structure is maintaining a falling wedge consolidation state. If the daily trend can hold the support of the middle band of the Bollinger Bands, there is still a chance to break through the upper resistance of the wedge consolidation.
BTC reference: over 103800, target 105800, defend 1000 points. #BTC #ETH