Bitcoin has taken two days over the weekend to recover, with the price rebounding from a low of 80600 to a daytime high around 88100, resulting in a direct rebound of 8000 points. The current price movement fluctuates around ten thousand points, so risk control is paramount.

On the four-hour chart, the price is currently maintaining its position in the upper-middle range. After an initial rise in the morning, it dipped to the 86000 level and then rebounded, indicating that the bulls are gaining momentum, unlike before when they were weak. This suggests that there is further potential for price increases, so it is recommended to look for bullish opportunities on pullbacks during the day.

You can consider gradually taking bullish positions around the 86300-85800 area, targeting the 88000 level, and if it breaks through, aim for around 89500.

Follow the public account, "How to Relieve Worries, Only Jiang Wei," a treasure analysis blogger with high emotional value. He shares trading education for free, bringing stability and clear guidance in the volatile trading market, with experience spanning three bull and bear cycles and years of practical trading. He specializes in naked K, trends, Dow theory, Gann, harmonics, Chan theory, wave theory, and other technical analyses, compiling them into his unique insights.

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