$BTC Strong rebound enters a period of consolidation
BTC today surged strongly from 89868 to 94555, and after profit-taking at high levels, it entered a narrow range of fluctuations. Although momentum on the 15-minute level has retreated somewhat, the moving averages still maintain a bullish arrangement, and the short term is characterized by high-level consolidation after a rapid surge; the 4-hour chart has re-established itself above the middle Bollinger band, with a clear improvement in the bullish structure, and MACD momentum continues to expand, with the trend shifting from weak rebound to a slightly strong oscillation upward; the daily chart shows a second stabilization pattern, with two consecutive days of positive closes, enhancing the confirmation of the bottom.
Overall, BTC is still in the continuation phase of the rebound; a short-term pullback presents an opportunity, with a more prudent approach to participating on dips rather than chasing at high levels.
Support: 91800, 90500
Resistance: 94000, 95500
Operational Advice
Cautious Long: 91800–92500 adding positions gradually
Target: 93800, 94800
Aggressive Long: Lightly chase after breaking 94550
Target: 95500
BTC has emerged from previous low ranges, and the trend is entering a slightly strong rhythm. Currently, treating the structure as surge—consolidation—surge again is more reasonable; short-term fluctuations are digesting momentum, not indicating a weakening.
