10.20 Monday afternoon BTC market analysis

Market Dynamics:
The four-hour level presents a pattern of consecutive bullish candles, with the Bollinger Bands opening upwards and the bands rising in sync, indicating an increase in market volatility and a bullish trend. The one-hour chart has even broken through several key resistance levels with a strong five consecutive bullish candles, indicating that short-term buying momentum is robust, and the upward trend is likely to continue.

Operation Strategy:
Long position idea: Pay attention to the range of 109,200 - 109,500 for potential entry, with the primary target looking towards the area of 112,000 - 113,500. If the price strongly breaks above this target range, consider continuing to follow the trend and look for higher resistance. #币圈