$BTC Wednesday morning market analysis and trading strategy
The current market shows a clear trend of stopping the decline and rebounding. After consecutive daily closing losses, it has strongly rebounded with a large bullish candle, not only recapturing most of the previous losses but also achieving a breakthrough and stabilization at the middle track of the Bollinger Bands. Various technical indicators are forming a bullish arrangement and continue to extend upward, with volume effectively expanding, successfully reversing the previous weak pattern, and the market bottom confirmation signals are clear.
The four-hour level market has entered a strong upward channel, and the overall trend structure remains intact. Although the current price has entered a brief consolidation near the previous high, going long remains the core logic of the current market; a short-term technical correction may occur, which is a healthy process of profit-taking and digestion, accumulating sufficient momentum for future upward attacks. In terms of operations, one can rely on positioning long positions at lower levels while strictly ensuring risk defense.
Wednesday morning trading suggestions
Bitcoin: Position long near 90500-91000, with a target towards 93000
With # Ta: Position long near 2960, with a target towards 3100

