1.15 Morning Bitcoin

BTC strongly surged and stabilized around the 97,000 key level. Over the past 24 hours, main capital has continued to flow in net, and the volume structure has solidified the foundation for the rally. This upward movement is definitely not a short-term technical rebound; large funds have clearly been accumulating at low levels. The current slight pullback in the market is a healthy shakeout, and it is the golden window for entering long positions in the wave!

Technical analysis breakdown: The 4-hour chart shows the price effectively breaking through the middle band of the Bollinger Bands and steadily approaching the upper band. After probing the support at the lower band, it rebounded strongly, forming a bullish trend resonance support, relying on the middle band to build a standard upward channel. Although the KDJ indicator has entered the overbought zone, there are no signs of a reversal. Coupled with healthy volume and price increase, overbought conditions are normal in a strong market, and bullish momentum is still being continuously released!

Trading suggestions

- BTC: During the pullback around 95,300-96,000, gradually build long positions. The target is to break through the resistance at 97,500-98,000, and upon breakthrough, continue to look up to 99,000-100,000$BTC #中文Meme币热潮