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Bullish longs force a strong short squeeze—watch for short-term pullback and confirmation
From the four-hour K-line trend from early yesterday morning to now, BTC has shown a very strong unilateral upward movement. After the price retested and found support at the middle band of the Bollinger Bands yesterday, it entered an acceleration mode, surged to the 82460 area in the morning, and then the current price pulled back to around 81700 for consolidation at high levels. Overall, bullish sentiment is extremely strong, and volume and price are perfectly aligned.
**MACD indicator:** On the four-hour MACD, it has formed a golden cross above the zero line and continues to expand, indicating that the current bullish momentum remains absolutely dominant, with strong upward driving force.
Go long directly around 81000—first target 82900. If it breaks above, look for 84000.
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