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The intraday trend of Bitcoin's price movement has noticeably slowed down compared to yesterday, remaining within a narrow range of 75,500 to 77,000 throughout the day, consolidating in a tight oscillation, with both sides entering a short-term tug-of-war balance. The Auntie Ta's trend is weaker than Bitcoin's, with daily fluctuations less than 50 points, showing overall weakness. Today, we provided three buy-sell strategies, with two midnights and midday trades accurately hitting the market sentiment, successfully locking in profits and securing over 2,000 points in Bitcoin gains. Tonight, we again suggest buying around 75,600, as the current market sentiment is gradually realizing profits as expected, just need to stay patient and wait for the trend to develop.
From the current market perspective, Bitcoin remains in a consolidation phase during its upward trajectory, with daily candles showing small real bodies and small positive lines, the daily range contracting, and the price consistently staying above the moving averages, with the medium-term trend structure of the head remaining intact. On the four-hour chart, after a previous rally driven by consecutive bullish candles, the market has entered a phase of choppy K-line oscillation and correction, with selling pressure on the head effectively released; the Bollinger Bands are narrowing, and the price has successfully broken through and stabilized above the middle band, with a rapid upward spike in the afternoon indicating that resistance still exists above, and the market still needs to build momentum in the short term. Combining the hourly chart, the market surged then pulled back, forming a volume-increasing four-day decline correction, but the actual pullback is limited, and the continuation of the head is relatively weak; afterward, the market quickly stabilized with good support below, still within a normal correction range rather than a reversal signal, so our buy strategy remains unchanged.
Bitcoin: Buy around 75,600, aiming for above 77,500.
Auntie Ta: Buy around 2,290, aiming for above 2,400. $BTC $ETH #美伊二轮谈判进展