10.13 Morning Thoughts

After experiencing a continuous decline, Bitcoin did not stop at the critical level of 105,000, but instead found support in a higher range and began to rebound. Currently, only a medium bullish candle has formed on the daily chart, indicating that the bearish momentum has somewhat eased, but overall it is still in the early stage of the rebound, and a trend reversal still needs further confirmation.

The four-hour level shows a trend of gradually rising lows, with the short-term structure tending to stabilize. The price is currently testing key resistance in the range upwards. The one-hour trend is even stronger, with consecutive bullish candles pushing upwards, a clear rhythm, and each pullback being quickly bought back, indicating the effectiveness of the support below and the willingness of funds to take on positions.

Overall, the current market is in a rebound phase after a bearish exhaustion. If it can hold steady around the support level of 115000, it will be beneficial for the bulls to gather strength and further test upward.

Specific operation reference:

· Bitcoin: You can consider entering long positions in batches at 113800 and 114300, targeting around 115500 and 116000 respectively.
· Aunt Tai: Consider gradually building long positions around 4070 and 4020, targeting around 4180 and 4240.