Bitcoin 1-hour chart remains firmly in a bullish trend. After a volume breakout, the price is consolidating at a high level, which is a normal pullback and far from a reversal. The bullish channel is intact, with the upper band mostly flat and slightly strong; short-term moving averages are holding up well and trending upward, with key support at the convergence of the moving averages and the midline. The MACD remains strongly bullish with a sustained golden cross above the zero line, and the red histogram bars are shrinking, indicating a healthy correction—volume expansion leads to price increase, volume contraction to correction, perfectly fitting the pullback rhythm of a strong trend. Last night's performance confirmed the analysis approach.
Real-time view: Bitcoin support is around 95,000-94,500, with key resistance at 96,100-96,900. Ethereum support is around 3,300-3,280, with targets at 3,350-3,380.
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#策略性加码BTC Wednesday midday market quick read:
Bitcoin 1-hour chart remains firmly in a bullish trend. After a volume breakout, the price is consolidating at a high level, which is a normal pullback and far from a reversal. The bullish channel is intact, with the upper band mostly flat and slightly strong; short-term moving averages are holding up well and trending upward, with key support at the convergence of the moving averages and the midline. The MACD remains strongly bullish with a sustained golden cross above the zero line, and the red histogram bars are shrinking, indicating a healthy correction—volume expansion leads to price increase, volume contraction to correction, perfectly fitting the pullback rhythm of a strong trend. Last night's performance confirmed the analysis approach.
Real-time view:
Bitcoin support is around 95,000-94,500, with key resistance at 96,100-96,900.
Ethereum support is around 3,300-3,280, with targets at 3,350-3,380.
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