The short-term technical outlook and market sentiment for Bitcoin both indicate a bullish trend. The establishment of a MACD golden cross, combined with the continuous shrinking of the green bars, suggests that the bearish momentum is waning. The short-term rebound trend is entering a critical phase.
Additionally, the middle band support of the Bollinger Bands is effective. After a price rebound, it is trading between the middle and upper bands. The narrow fluctuations and the gradual breaking of the bullish and bearish balance clearly release upward momentum.
Trading suggestion: Buy near 87,800-87,000, aiming for 90,000-92,200-93,800. Long-term target: 100,000. If broken, continue upward. Stop-loss based on your own position.
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The short-term technical outlook and market sentiment for Bitcoin both indicate a bullish trend. The establishment of a MACD golden cross, combined with the continuous shrinking of the green bars, suggests that the bearish momentum is waning. The short-term rebound trend is entering a critical phase.
Additionally, the middle band support of the Bollinger Bands is effective. After a price rebound, it is trading between the middle and upper bands. The narrow fluctuations and the gradual breaking of the bullish and bearish balance clearly release upward momentum.
Trading suggestion: Buy near 87,800-87,000, aiming for 90,000-92,200-93,800. Long-term target: 100,000. If broken, continue upward. Stop-loss based on your own position.