BTC 8.1 stabilizes, opening up room for a catch-up rally

BTC in the morning formed a long upper shadow and a solid bullish candle; on the daily chart, the market has entered a streak of two consecutive bullish days

The 4H candle closed above 8.1. BTC is basically stabilizing at 8.1, and the market is seeing an opportunity for a catch-up rally

On the 1H chart, it touched the resistance above and closed 3 bearish candles—three red soldiers. Next, it closed a doji star, retraced to the trendline, and brought about a rebound. The lower candles continued to close bullish, staying above 8.1. For now, the market is stable at 8.1

BTC is in an ascending wedge channel, so the range for fluctuation is not large; the market may undergo a long period of consolidation and repair at 8.1, waiting for the market to run

Judging from the overall trend, BTC continues to follow a bullish trend; when you can’t tell where to go long or where to open a short, just stop and wait—observe calmly and spot opportunities