Bitcoin's market dipped and rebounded yesterday, aligning with the entry point I predicted, rebounding to the 64 level, reaching the first target position I mentioned, allowing for a 1400 point gain, and then facing pressure above, leading to a decline during the day. The short-term market is in a volatile pattern.

On the four-hour level, the Bollinger Bands slightly turned upwards; the price fell back after touching the upper band, forming three consecutive bearish candles. The middle band support is at 62100, if it cannot break below during the day, the price will continue to test higher. The current trend is mainly bullish.

On the daily level, the price has repeatedly fallen with consecutive bearish candles, then formed a large bullish candle. Currently, the indicators show that the bearish momentum is beginning to decrease, while bullish momentum remains relatively strong, but the risk of a pullback cannot be ruled out. The price is more likely to fall back slowly and then rise. In summary, I recommend looking for bullish opportunities on pullbacks.

For today's strategy, I suggest looking for bullish opportunities in the 62500-62100 area, with a target continuing towards the 64000 level. A breakthrough will target the 67800 position, and future long-term positions may require time to transition.

Follow the public account, what can relieve worries, only Jiang Wei, a treasure analysis blogger with full emotional value, offering free trading teaching. In the restless trading market, bringing stable power and clear guidance, traversing through three rounds of bull and bear markets, and years of practical trading experience, proficient in naked K, trends, Dow Theory, Gann analysis, harmonic analysis, Chan theory, Elliott Wave Theory, and other technical analyses, culminating in unique personal insights.

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