Good morning everyone. Boosted by CPI data, Bitcoin bullish sentiment has been fully ignited. The price directly broke through the monthly resistance, with a very swift upward pace and good continuity, reaching a high of around 96,600. Yesterday, I proposed a bullish strategy at the 91,000 level; although I didn't hold the position to the top and exited early, I still gained a significant profit.



Currently, the price has pulled back from the high and is oscillating around 95,300. This kind of pullback is not a sign of weakness; it’s just a healthy pause after a rapid rise, and the trend structure remains intact.

Looking at the technicals, it’s very clear: the daily chart shows a large bullish candlestick, directly piercing through the upper Bollinger Band, indicating strong short-term bullish momentum; the 4-hour chart shows continuous upward green candles, with the Bollinger Bands opening outward, and after a MACD bullish crossover, volume continues to expand, showing that funds are really pouring in. The bullish pattern is now obvious.

BTC trading advice: For conservative traders, consider gradually building long positions around 94,300; more aggressive traders should set proper stop-losses and try short positions with small size, aiming to catch the pullback opportunity.
BTC3.22%
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AirdropHunter420vip
· 5h ago
96,600 didn't hold at all, and now they're talking about "needing a breather." I've heard this kind of excuse too many times. The feeling of selling too early is really uncomfortable, haha. 94,300, can it really stabilize? I'm a bit skeptical. This bullish momentum is indeed strong, it all depends on whether it can break new highs later. If I had held onto 91,000 until now, that would have been great, what a pity.
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GasFeeNightmarevip
· 5h ago
96,600 has been touched, and you're already selling early? How strong is your mentality, haha. I would have already taken profits at the top if I were like you. But your technical analysis is indeed clear; I also saw the part where the daily line crosses the upper Bollinger Band. I'm just a bit worried that this wave might rise too quickly, and the gas fees are being driven crazy. Usually, I hate these situations the most—trying to buy the dip but getting wiped out by miner tips. The suggestion to stagger the layout at 94,300 is good, to avoid being wiped out in one go. By the way, if this bullish trend can continue until next week, that would be great. Then gas might have a chance to breathe, as I've been watching Gwei dance wildly these past two days.
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AirdropJunkievip
· 5h ago
Breaking through the monthly resistance this wave is so satisfying, I've been saying the bulls aren't over yet Caught quite a few gains, your timing is impeccable The 94300 level is indeed attractive, I've already entered in batches The Bollinger Bands opening outward is a very clear signal, funds are indeed pouring in
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PhantomHuntervip
· 5h ago
Uh... I missed the chance at 96600. Seeing you all enjoying it makes me feel uncomfortable. Damn, this CPI is really strong, the Bollinger Bands are wide open. Entering a long position at 94300 is still safe at this level. I plan to buy in two batches.
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CommunityLurkervip
· 6h ago
Breaking through the monthly resistance feels really great, touched 96600. But it's still a bit regretful to exit early. It's better to stay cautious and stick to 94300, no need to rush. When the Bollinger Bands open up, be prepared for a quick reversal; this is when it's easiest to get cut.
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