Let's talk about the current situation. The price is between the middle band and the upper band, in a relatively strong zone, with no overbought conditions. We can also see that the recent lows are gradually rising, from around 79,800 to 80,400, then to about 81,100, forming a small upward channel on the 15-minute chart.


The pullback has not broken below the middle band; each time it approaches the middle band, a rebound occurs, so the middle band has become a dynamic support.
We provided a bullish outlook during lunchtime, suggesting to buy on dips around 80,400-80,700. Currently, the market is slowly rising. If it can effectively break through 81,289 tonight, the subsequent upward space will be further expanded. Also, we analyzed earlier that 81,289 is the key level today; only after a volume breakout can the bulls truly strengthen. Small pullbacks are not a concern; just hold long positions patiently.
BTC-1.31%
ETH-0.88%
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