Last night, the price continued to test below the 85,000 mark. After a certain rebound and correction in the early hours of today, the price entered a sustained wide-range consolidation phase. The market has been oscillating within a range today, and no new direction has been established yet. As the weekend approaches again, the trading strategy remains straightforward as always, and the bullish outlook shared early this morning has once again been accurately fulfilled. Recently, the addition of many new partners has slightly slowed down the update of strategies, but daily market updates are still provided as much as possible. Friends who want to quickly overcome the current difficulties might consider following Zhiyu's approach and rhythm.

Looking at the four-hour chart, the price has been alternating between slight declines and rises, consolidating and repairing the chart pattern. The current consolidation has not yet ended, with the Bollinger Bands continuously narrowing, and the market volatility gradually decreasing. This consolidation is not only a technical correction after a significant retracement but also a slow bottoming process. Once the consolidation completes, the price is expected to usher in a new rebound trend next week.

In the short-term hourly chart, the price has been moving slowly around the Bollinger Bands, oscillating between bullish and bearish. Currently, on the hourly level, the price has formed four consecutive bullish candles with a slow upward movement, indicating a gradual repair of the chart. The MACD histogram shows a trend of gradually turning positive, and the KDJ indicator's three lines are converging upward to form a golden cross. The current rebound trend is likely to continue further, so the short-term outlook remains bullish, and pullbacks can be used to add positions.

For Bitcoin, consider long positions around 89,000, watch for around 90,000; for altcoins, consider long positions around 2910, watch for around 3000. #加密市场观察 #特朗普取消对欧关税威胁