Bitcoin rebound after testing the bottom at 112600, surged to 114600 in the early morning before fluctuating, then made another push in the afternoon, breaking through 118457 in the evening; from a four-hour perspective, the overall trend shows a strong bullish pattern, with clear technical signals supporting the upward trend: the Bollinger Bands continue to expand, prices are consistently operating above the upper band, with the middle band serving as strong support moving upwards, and the lower band increasing the distance from the current price, indicating a solid short-term bullish dominance and a complete upward channel. The MACD indicator also confirms the strength, with the DIF and DEA maintaining a high-level golden cross pattern, and the red energy bars continue to enlarge, showing that bullish momentum is still effectively releasing, with no signs of weakening yet. The trading strategy can prioritize a long position strategy, relying on the middle band support for a more secure layout.
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Bitcoin rebound after testing the bottom at 112600, surged to 114600 in the early morning before fluctuating, then made another push in the afternoon, breaking through 118457 in the evening; from a four-hour perspective, the overall trend shows a strong bullish pattern, with clear technical signals supporting the upward trend: the Bollinger Bands continue to expand, prices are consistently operating above the upper band, with the middle band serving as strong support moving upwards, and the lower band increasing the distance from the current price, indicating a solid short-term bullish dominance and a complete upward channel. The MACD indicator also confirms the strength, with the DIF and DEA maintaining a high-level golden cross pattern, and the red energy bars continue to enlarge, showing that bullish momentum is still effectively releasing, with no signs of weakening yet. The trading strategy can prioritize a long position strategy, relying on the middle band support for a more secure layout.