BTC Morning Thoughts:



BTC short-term 1 hour level, the price remains stable above the MA7 (110024) and MA30 (109298) moving averages, the MACD red bars continue, the KDJ indicator is above 50, bullish momentum is somewhat maintained, but attention must be paid to whether it can break through the previous high of 111240!

On the 4-hour level, the KDJ indicator is close to the overbought area (J value 93.46), and may face pullback pressure in the future. However, the MA7 and MA30 moving averages show a bullish arrangement, indicating a strong medium-term trend.

Suggestion: Buy near 109000-109500, with the first target looking at around 111000-112000!
BTC1.84%
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