3.5 Morning Market Analysis

Based on the 15-minute K-line and Bollinger Bands indicator, yesterday's price started a strong upward move from the low of 67,358.1, reaching a high of 74,030.0, with a significant short-term increase.

Currently, the price is trading above the middle Bollinger Band at 73,154.4, maintaining a generally bullish pattern. The upper band is at 73,901.1, and the lower band at 72,407.6. The channel is slightly narrowing, indicating short-term volatility or convergence.
The price relies on the middle band for support, and the pullback has not effectively broken below it, so the bullish momentum remains dominant.

Trend Structure: The short-term upward trend is clear, and the pullback has not broken the moving averages or the middle Bollinger Band support, indicating a consolidation phase after a strong rally.

Support Levels: 73,000 (near the middle Bollinger Band), 72,400 (lower Bollinger Band)

Resistance Levels: 73,900 (upper Bollinger Band), 74,030 (previous high). The middle Bollinger Band is trending upward, and the price has stabilized above it, indicating the medium-term bullish trend remains intact; near the upper band, there is resistance, and short-term consolidation or profit-taking may occur.

Morning Trading Strategy
Bullish bias: If the price retraces to the 72,000-72,150 range and stabilizes, consider entering long positions with a target of 73,800-73,900#比特币反弹 #美伊局势影响