$BTC Laoer opened today and kept dipping all the way down to the low of 1,748. The buy orders at the low level stepped in and held in place, kicking off a rebound. The key resistance level at 1,800 that I marked out earlier yesterday suppressed price with strong force. During the day, it spiked up to a high of 1,793, then directly broke above the upper band of the hourly Bollinger Band and moved into a tight-range consolidation. Throughout the whole day, it ran steadily above the Bollinger middle band— the bulls’ base held.

In the evening, a quick spike/needle directly pierced to 1,800, perfectly hitting the first target level given yesterday!
Technically, on the hourly chart the Bollinger middle band and upper band are opening upward in sync, and the bullish structure is intact. However, in the short term, upside momentum is clearly insufficient, so the room for a higher push is limited.