5.5 Morning Market Outlook


$BTC Looking at the four-hour chart, Bitcoin has overall shown a clear upward trend, with lows gradually rising and highs continuously moving higher. The bullish momentum remains healthy. From the candlestick structure, the previous sideways consolidation range was strongly broken through by a full-bodied large bullish candle, directly opening up space above. Subsequent pullbacks have not fallen below the breakout level, indicating strong buying support. The pullback appears more like a shakeout rather than a reversal signal. Currently, the price is in a narrow-range consolidation at high levels, with no significant decline, confirming that the bullish momentum has not exhausted. As long as key support levels are maintained in the short term, the trend is likely to continue oscillating upward. Trading should focus on long positions at lower levels, paying attention to signs of stabilization after pullbacks.

Bitcoin trading strategy: Buy near 79,600-79,100, target 81,000
Altcoin trading strategy: Buy near 2,340-2,320, target 2,400
BTC0.85%
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