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Last night, BTC rebounded to around 115,700, dipped to the 114,000 level in the early morning, marking the first pullback repair this week after a strong pump over the weekend.
From the market perspective, the price of the coin has broken through the upper band with five consecutive candles of decline after reaching the overbought level on the four-hour chart, indicating a technical correction following a significant rise, not a trend reversal. On the hourly level, the price is under pressure at the upper band, and after a period of sideways movement, it has pulled back with consecutive declines close to the lower band, nearing the secondary rise point from early yesterday morning, basically retracing yesterday's gains. Currently, the pullback pace has slowed, and it is highly likely that it has reached its limit. After the market consolidation ends, we still expect a rebound, with a strategy focused on buying the dips.
BTC pullback to around 113800-113000 to long, target 116500-117800, if it breaks, look at 119000. #今日你看涨还是看跌?