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The previously predicted low-buy strategy has been perfectly realized, with Bitcoin surging to around 93,000, as expected. This morning's strong rally further confirms the dominance of the bulls, and the short-term upward trend is clear.
From a daily chart perspective, after quickly bouncing off the key support at 80,600, the price has recently shown a wide-range consolidation pattern. This low-level box structure indicates that the downtrend has officially reversed, and the market is in a phase of accumulating strength. It is worth noting the resistance zone around 95,000—given the current bullish momentum, a short-term breakthrough of this level is highly probable. Once it stabilizes above this point, a push towards the 100,000 mark will be a natural progression.
In the short-term cycle, continuous volume-driven upward K-line patterns dominate the chart, with almost no effective pullback space during the rally. This aggressive upward movement is a clear signal of the continuation of the bullish trend. Under such a short squeeze scenario, the trading approach is quite simple—any pullback levels can be considered for long entries.
Specific suggestion: Consider entering long positions if Bitcoin retraces to the 92,300-91,800 range. Short-term targets are 93,500 and 94,500.