The morning market saw a strong rebound after a dip to the support of 107,300 USD, confirming solid buying below. This "pullback-pump" formed a healthy structure for long positions. The price not only fully bounced back but also set a new intraday high, indicating that the current rising trend remains intact and has ample momentum.

This round of rise has been supported by the continuous increase in long positions, which is a core signal of active capital entering the market. The price has strongly broken through the previous high pressure and is currently stabilizing at a high level, with this trend of both volume and price rising providing reliable support for further increases. The short-term upward space has been reopened again.

The overall technical pattern maintains a bullish outlook, and the strategy should continue to focus on buying on dips. The key support level has shifted up to the $109,500-$110,000 range. As long as the price holds steady in this range, there is a good chance it will continue to test the new target range of $113,000-$115,000 in the future. #巨鲸加仓2.5亿美元BTC $BTC