The current 4-hour cycle shows a fluctuating upward pattern, with strong performance in long positions. During the pump process, the pullback action is slight, and with volume support, it refreshes the high points again, and the support level below also moves up accordingly. Although it has entered a consolidation phase after reaching a high, there has been no sign of a rapid drop, which has not caused a substantial impact on the overall upward trend. This brief pause seems more like a buildup of strength for the next wave of gains. Observing the hourly structure, the Candlestick patterns are gradually making a strong push, and the momentum for long positions is steadily increasing, allowing the upward rhythm to continue.


Suggestion:
Open long positions on Bitcoin in the range of 115700-116300, targeting around 117500-118200:
If the level around 118900 above is not broken, then you can take a short position.
BTC-0.12%
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