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After the surge in #数字资产市场动态 early morning, the market failed to continue its momentum. It started to fluctuate and weaken in the early session, now finding support around 95,000. This kind of rebound followed by a pullback is actually quite common — usually just a technical adjustment that doesn't break the original upward structure.
Looking at the four-hour chart, after the price reached a high point, it closed with a bearish candle with a lower shadow, breaking below the upper band of the Bollinger Bands. But don’t be fooled by the decline; the long lower shadow below indicates that someone is accumulating at low levels, and the bulls still have control. The short-term downside space is actually limited, and the market rhythm is still dominated by the bulls.
For trading strategies, you might consider trying to go long at 94,500 and 94,000. The first target is to reach 97,000; if that level is broken, then aim for 100,000.
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