The Bitcoin market yesterday fluctuated within a range, leading to many opportunities. We maintain a bullish outlook at low levels and a bearish perspective at high levels. During this phase of movement, we successfully found two waves of opportunity, resulting in a perfect exit, currently maintaining a 38 consecutive wins streak.

On the daily chart, the price is consolidating at high levels, with candlesticks operating in the upper-middle range. After testing the top and facing resistance, it pulled back, forming two bearish candles, and then transitioned to bullish candles. The Bollinger Bands are opening upwards, with a support level at the middle track of 79,300; as long as this level holds, the trend remains bullish.

On the four-hour chart, the price is consolidating within a narrowing range, and the fluctuation space is gradually tightening, just waiting for an opportunity to build momentum for a breakout. Yesterday, after testing the four-hour lower track and forming a lower shadow, the price broke through the middle track, indicating that the rebound sentiment is quite strong, and we view the previous pullback as bullish.

It is recommended to be bullish in batches around the bottom area of 80,300-79,800. Target levels are 81,500, and if broken, the next target is 82,600; these levels are for reference only.

Follow the public account; to resolve worries, only Jiang Wei can help. A treasure of an analysis blogger with high emotional value, sharing trading education for free, bringing stability and clear guidance in the restless trading market, traversing three rounds of bull/bear cycles and years of practical trading experience, proficient in naked K, trend analysis, Dow theory, Gann, harmonic theory, Chan theory, wave theory, and other technical analyses, gathering into unique personal insights.

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