Looking at the BTC1H/4H trend, the recent week's pump has placed the short-term structure in a long positions arrangement, making it less likely for the price to experience a fall out of control.



The large-scale long positions trend always exists. A conservative view can be taken regarding the overall height of the rise, but do not blindly open shorts on the left side just because there is an increase.

From a smaller timeframe perspective, the current trading range is limited to the previous low and high levels formed on the 1H timeframe.

Intraday retracement at the 119.1k-118.8k level for long positions, with targets at 120.8k, 121.8k, and 112.5k.
SOL3.15%
BTC0.05%
ETH2.64%
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