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Evening BTC Market Outlook
In the evening, Bitcoin consolidates with oscillations, and the previous bearish sentiment is gradually being digested. The short-term correction is a strong shakeout, and the upward trend has already been established.
The 4-hour and daily moving averages are aligned in a bullish configuration, with the lower band of the Bollinger Bands forming a strong support. After stabilizing during the correction, the rebound momentum is sufficient, and minor pullbacks are good opportunities for long entries.
The KDJ indicator is turning upward from the low position, indicating continued bullish momentum accumulation. Tonight is highly likely to see a strong rally and trend reversal, breaking through resistance levels and aiming for new highs.
Trading Suggestions:
Buy in batches at 76,800-77,000 on dips and stabilization.
Target:
78,000-79,000
Follow the bullish momentum closely, seize the rally benefits steadily, and easily earn holiday profits.
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