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9.20 Afternoon Analysis
From a technical perspective, Bitcoin's daily structure has broken through bearish volume, forming a preliminary bottoming structure with two consecutive bullish candles. If it continues to stabilize with a bullish candle today, Bitcoin's price will firmly stand at the 110,000 level, and we can look forward to a bullish reversal. From the four-hour structure, the morning's four-hour bullish candle has strongly broken through the resistance level.
110000, showing that the bullish volume continues to strengthen, and it is expected to form a strong consecutive bullish structure in the future. From the hourly perspective, the upper Bollinger Band has already narrowed and is moving upward, and coupled with the breakout of the bullish volume on the 15-minute level, it further emphasizes the rebound expectation. Today's daytime strategy is mainly to buy on dips!
Operating Suggestions
BTC: Hovering around 110300-110000, aiming for around 112000.
Auntie: Around 4000-4030, looking to target around 4200 #币圈 #加密货币