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10.9 Morning Xiaoyue Market Analysis and Strategy
After a period of short selling, market momentum gradually weakened, followed by a strong rebound. From the trend, the bullish candlestick bodies are continuously expanding, and the trading volume is also in sync, indicating that buying power is steadily increasing. As the price successfully breaks through and stabilizes above the middle band of the Bollinger Bands, the short-term pattern has become clear— the market is gradually shifting from bearish to bullish.
Bitcoin: You can position yourself in the range of 1223–1228 for a long, with a target around 1255.
Two pancakes: You can enter in the range of 4480–4500 to do a long position, targeting around 4645.