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#BTC Good morning everyone, after nearly 30+ hours of sideways adjustment, BTC first surged to a high point near 108500 on Sunday evening and then quickly fell back above 107200. After oscillating in that area during the early morning, it resumed its upward trend, quickly pumping back above 108000 in the morning, with momentum to continue pushing higher.
#香港数字资产政策2.0发布
Overall, looking at the market, after the pump, it still exhibited a sideways trend. After breaking the high on the upside, it did not show a strong continuation, but relying on the strong support below, the short-term market is gradually warming up.
From the daily chart perspective, the wide range oscillation pattern remains unchanged, and the support situation at the middle track has still not been effectively verified in the short term. The upward movement has not broken through the 108500-109000 range, and the short-term pressure still exists.
On the four-hour chart, after the range convergence, an upward breakout was completed. The middle track support is strong, and the coin price has returned to near the upper track again. With the bag mouth gradually expanding, the head has the potential to extend. At the same time, the small-scale technical indicators have reversed upward after the coin price pump, with the volume reduction in the head, increasing upward momentum; however, the trading volume on the four-hour chart has not increased significantly, and caution is needed against a dump. A breakout above 108500 in the short term is key for the head to continue!
#中心化交易所Top3的重塑时刻
In the morning, BTC is referenced around the current price of 108000 for a long position, looking at 109000. #BTC