Breaking news! BTC bulls break through strongly, oscillating upward aiming for the previous high, with dips presenting a good opportunity for long entries

Today’s market mainly shows an oscillating upward trend. After a bottoming out and stabilizing in the morning, prices gradually rise strongly, with the bulls continuing their offensive. Short-term dips are quickly pulled back, with very weak retracement strength, and the bulls are fully in control of the rhythm. In terms of operation, continue to buy on dips and maintain a confident bullish outlook.

From the daily chart perspective, the moving averages still maintain a perfect bullish arrangement, and the overall upward trend has not been broken, remaining relatively strong in the medium to long term. After a key support level was tested and stabilized on the 4-hour chart, a rebound began. The MACD bearish momentum gradually decreased, and the KDJ indicator formed a turning point upward at low levels, signaling a very obvious short-term strong rebound. The Bollinger Bands remain open upward, and as long as the key support is not effectively broken, the probability of further upward movement and hitting new highs during the day is very high.

Tuesday’s Bitcoin trading suggestion: buy at 75,100–75,500, stop loss at 74,500, target around 77,000–78,000. $BTC ‌#美伊冲突再起引发市场动荡