Jingwen's Bitcoin Idea Sharing



On the 4-hour chart, it is clear that the price is in an ascending triangle consolidation pattern. The price is steadily rising above the middle Bollinger Band, and the medium- to long-term bullish trend remains intact. The overall bullish view remains unchanged.

Switching to the 1-hour timeframe, short-term buying momentum has gradually weakened after the previous surge. The price has fallen from the upper Bollinger Band to test the middle band support. The candlesticks have repeatedly shown long lower wicks, indicating sufficient support at the middle band. Combined with the larger cycle structure, this pullback is just a normal technical correction during an uptrend. After the adjustment, the probability of further upside is high. The trading strategy is to go long on pullbacks to support levels.

Operation reference; enter long positions in the 62500-62800 range, with the first target at 63800, and after breaking above, look towards 64500. #GUSD年化升至3.8% $BTC
BTC-1.90%
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