Good morning on this new day, Tuesday!

Overnight, the Bitcoin price pulled back and then rebounded again, still within the range of oscillation. However, the more this kind of operation occurs, the clearer it becomes. To be honest, at the current pace, both long and short positions can easily yield profits without breaking key levels, making it a good time to accumulate. After the high short strategy from last night was realized, the midnight pullback suggested entering long positions around 93000 and 92000. The price of the coin reached a low of 93300 before rebounding, and the movement basically met expectations. In fact, with this rhythm, it's important to identify pressure and support zones; don't follow the trend and chase single-sided trades at fluctuating high and low points. It's relatively simple to take profits.
Currently, the short-term market has rebounded again, with the low points of the pullback continuing to rise. The early morning trend recently has been quite apparent, and the market movements from the early hours will have some continuation actions in the morning. This is a very simple pattern, so I won't elaborate too much on it. From a broader trend perspective, the overall structure is still in an upward adjustment rhythm, and there hasn't been any significant change; it mainly follows a step-by-step approach. However, during this time, we must also be cautious of potential breakout actions. In the morning, the strategy is still to look for pullback opportunities to go long, and we first look to see if the wave rebound can continue to refresh the high points!
On Tuesday morning, if Bitcoin pulls back to the 93300-93800 range, continue to go long again. First, pay attention to the 95500-96000 range above, and if it breaks through, continue to follow the trend!
#Michael Saylor暗示增持BTC#