After Bitcoin fluctuated in a narrow range in the white market, the bullish momentum gradually accumulated, and the price stabilized in the key support area and launched a strong breakthrough. The disk shows that the short-term pullback did not destroy the overall rising structure, and after the market sentiment completed the chip exchange in the shock, the bulls quickly dominated the market, and the price continued to rise and refresh the recent high. In the process of this round of rise, the volume can be moderately amplified, reflecting the market's recognition of the breakthrough market, the bears gradually retreated after a short period of resistance, and the price successfully stood above the key psychological threshold, continuing the short-term strong pattern.



Although the current price maintains a high level, it is necessary to be wary of technical pullback risks. From the market data observation, after a rapid price surge, it has approached a concentrated resistance area, with the hourly chart showing signs of stagnation. Some long positions have taken profits or intensified short-term selling pressure. In addition, market sentiment is gradually entering the overbought zone. If the trading volume cannot continue to support, the upward momentum will gradually weaken. It is expected that during the midnight period, the price may attempt to test the upper resistance, but after a surge, it is likely to face pressure and fall back, forming a phase-top structure. In terms of operations, it is recommended to focus on short positions during rebounds and pay attention to the short signals in the resistance zone, while reasonably controlling positions to avoid short-term volatility risks. It should be noted that if the price strongly breaks through the previous high and stabilizes, the trend strength needs to be reassessed.

Short-term trading suggestions:
Bitcoin is short around 85500-85800, with a target focus near 84000; Ethereum is short around 1670, with a target focus near 1620.
BTC-0,57%
ETH-1,02%
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