#BTC From the current market trend, Bitcoin's four-hour rebound pattern remains intact. Although there has been a three-consecutive-candle pullback in the short term, the price has shown significant support near today's key starting point and has gradually shifted to a steady upward movement. This reflects that the market still has strong buying interest at this position.
WeChat Official Account: Shengdong Trend Theory
As long as this support area can hold, it means the current pullback is more likely a technical correction rather than a trend reversal. After a brief retracement, the market stabilized and rebounded again, indicating that buying power has not retreated, and low-level buying orders are entering in an orderly manner, leaving room for further upside potential in the future.
In terms of operation, a bullish approach can continue to be the main focus, paying attention to whether the price can rely on this support zone to build momentum for another upward move. If the market maintains stable consolidation without breaking the key support level, then as momentum continues to accumulate, Bitcoin is expected to extend its rebound and test higher resistance areas.
It should be noted that any upward process inevitably comes with volatility and shakeouts; holding support is a signal of strength continuation. As long as there is no clear bearish signal in the market, a cautiously optimistic attitude can be maintained, and opportunities to position during pullbacks should be seized.
Tonight, you can go long on BTC around 85600, with a target of 87500. Tonight, you can go long on ETH around 2780, with a target of 2900.#Gate广场圣诞送温暖 #非农数据超预期 #反弹币种推荐
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#BTC From the current market trend, Bitcoin's four-hour rebound pattern remains intact. Although there has been a three-consecutive-candle pullback in the short term, the price has shown significant support near today's key starting point and has gradually shifted to a steady upward movement. This reflects that the market still has strong buying interest at this position.
WeChat Official Account: Shengdong Trend Theory
As long as this support area can hold, it means the current pullback is more likely a technical correction rather than a trend reversal. After a brief retracement, the market stabilized and rebounded again, indicating that buying power has not retreated, and low-level buying orders are entering in an orderly manner, leaving room for further upside potential in the future.
In terms of operation, a bullish approach can continue to be the main focus, paying attention to whether the price can rely on this support zone to build momentum for another upward move. If the market maintains stable consolidation without breaking the key support level, then as momentum continues to accumulate, Bitcoin is expected to extend its rebound and test higher resistance areas.
It should be noted that any upward process inevitably comes with volatility and shakeouts; holding support is a signal of strength continuation. As long as there is no clear bearish signal in the market, a cautiously optimistic attitude can be maintained, and opportunities to position during pullbacks should be seized.
Tonight, you can go long on BTC around 85600, with a target of 87500.
Tonight, you can go long on ETH around 2780, with a target of 2900.#Gate广场圣诞送温暖 #非农数据超预期 #反弹币种推荐