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The intraday rally of Bitcoin is indeed strong. Early trading was relatively calm with small fluctuations, but in the afternoon, the rally suddenly gained momentum, with the price dropping steadily and reaching around 65,600 in the evening, resulting in an almost 4,000-point range for the day. In terms of operations, we firmly follow the trend with a bullish mindset, providing four clear buy strategies, all precisely aligned with the market trend; simultaneously, we achieved five consecutive wins, successfully closing all positions and securing a total gain of 4,559 points in Bitcoin. The altcoin trend has been relatively stable, with two buy positions also closing steadily, totaling over 100 points in gains.
From the current market outlook, Bitcoin continues to break downward, with the rebound strength gradually weakening. The buying momentum is clearly insufficient, making it difficult for prices to stabilize and recover effectively. The daily chart has shown two consecutive bearish candles, with prices breaking below the previous upward wedge support, further opening the downside range. It is highly likely that the trend will continue downward. Considering the upcoming weekend, it’s unlikely to see extreme one-sided market behavior, and a sideways or downward correction is expected. On the four-hour chart, the trend shows a series of bearish retracements, with the rally continuing downward. Price divergence from the lower Bollinger Band indicates some weakening, but overall, there are no clear signs of exhaustion. We believe the trend will continue, so our bullish outlook remains unchanged for midnight positioning.
Bitcoin: 66,500–67,000 with a target of 64,800.
Altcoin: 2020–2050 with a target of 1920. $BTC #比特币震荡走弱