2025-10-04 05:32:14

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OldWangEncryptionThinking

2025-10-04 02:18:53

10/4 morning BTC market analysis
Observing the current market, BTC has recently shown a clear characteristic of oscillating accumulation. The daily market is mainly characterized by range oscillation, and funds are in the stage of energy accumulation, waiting for directional guidance after the opening of the US stock market. For example, yesterday, driven by news catalysts, the price successfully broke through the previous high, reaching around 123800.

From the 4-hour technical perspective, the price is steadily operating along the upper Bollinger Band, the MACD indicator continues to expand, and the KDJ indicator maintains an upward opening pattern. After each minor pullback, it can quickly produce consecutive bullish candlesticks to complete the upward attack. This trend fully indicates that the support below is strong, and the bulls have clearly taken market dominance, with the morning still primarily focusing on low volatility.

BTC suggestion: around 121500, target looking at 122500-123500

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