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Morning Analysis:
According to the 30-minute level, Bitcoin is oscillating at a high position between 102350-104200. Due to Saturday's reasons, there is a high probability that there won't be significant fluctuations during the day. The defensive position for short-term bulls is at 102300. Friends who want to go long can set their stop-loss at 102300, while those looking to short can set their stop-loss at 104300.
In terms of the four-hour trend, the first type of movement is shown in Figure 1, where the pullback does not touch 95800, and then it oscillates above 95800, which will take about 15 days to form a higher-level central point before continuing to break upwards. In this case, the previous high of 110,000 is basically not a problem. This is a very strong way of moving.
The second type of trend, as shown in Figure 2, if the pullback touches 95800, then it ends on the daily line between 74500-104500, followed by a daily line adjustment, and then breaks through 104500 upwards. However, whether this trend can break through 110000 depends on the strength of the daily line pullback.
So the long position at 95800 is a very important defense, representing the strength of the bulls, everyone should pay attention.
Wishing everyone smooth trading! #BTC# #ETH# #PI# #sol#