Observing BTC from the hourly chart, although it has once again dipped into the support zone, it has not effectively fallen below it, and the support of the lower channel remains strong. After a short-term pullback adjustment, the market is expected to return to an upward trajectory, continuing the original trend. The MACD indicator shows that long positions' momentum continues to accumulate, and the volume foundation is being solidified.
The core structure of the upward trend on the daily chart has not been disturbed, and the short-term divergence in volume and price is a consolidation adjustment during the upward journey, not a sign of trend reversal. In the long term, the core logic of the long positions dominating the market has not fundamentally changed and remains solid.
BTC suggests to enter long positions around the support level of 110000—110500, targeting 112000, looking for a breakthrough. #Gate 新上线 WLFI#
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Observing BTC from the hourly chart, although it has once again dipped into the support zone, it has not effectively fallen below it, and the support of the lower channel remains strong. After a short-term pullback adjustment, the market is expected to return to an upward trajectory, continuing the original trend. The MACD indicator shows that long positions' momentum continues to accumulate, and the volume foundation is being solidified.
The core structure of the upward trend on the daily chart has not been disturbed, and the short-term divergence in volume and price is a consolidation adjustment during the upward journey, not a sign of trend reversal. In the long term, the core logic of the long positions dominating the market has not fundamentally changed and remains solid.
BTC suggests to enter long positions around the support level of 110000—110500, targeting 112000, looking for a breakthrough. #Gate 新上线 WLFI#