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1.15 Early Morning Bitcoin & Altcoin Market Analysis | Precise Entry Points to Follow the Trend and Secure Gains
The current chart shows Bollinger Bands continuously expanding and opening upward, with bullish momentum fully engaged. The upper resistance levels are being broken through consecutively with no resistance.
Combined with the Fed's interest rate cut positive signals and the increased correlation between Bitcoin and gold as safe havens, the bullish trend is clear.
✅ Clear support and resistance levels anchored
Bitcoin support at 94,800 | Target resistance at 97,000 | Volume breakout aiming for the psychological milestone of 100,000
✅ Precise operational entry points provided
Bitcoin: Buy directly in the 96,500-96,800 range, aiming for 98,000
Altcoin: Enter long positions in the 3,310-3,330 range, with a target close to 3,400
✅ Core strategy remains unchanged
Pullbacks are merely consolidations; follow the trend without going against it. Retracements are the best entry points for chasing longs.