Morning Bitcoin Market Analysis


The surface state price is 81,071, near the middle band of the Bollinger Bands, with the lower band support at 80,991 and the upper band resistance at 81,327.
The pattern has recently rebounded strongly from the low point of 79,801 and is currently in a sideways upward structure.
The momentum is still present, but in the short term, it faces resistance at the upper band.
The indicator shows the price stabilizing above the middle band, with the lower band turning upward, indicating a generally bullish trend; however, there is a short-term risk of a pullback near the upper band.

Bullish Silk Road:
Entry: 80,800–81,100 (touching the upper Bollinger Band resistance level)
Targets:
First target: 81,600–81,900 (the upper Bollinger Band resistance level, near the previous rebound high)
Second target: 82,500 (if the upper band is broken, look for higher rebound space)
Stop-loss: 80,300 (a break below the lower band support confirms the rebound structure is broken)#币圈#Blockchain#
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