BTC1h has strongly pumped from 86200 to 91200, with a daily rise of 3.95%, breaking through the previous consolidation range, dominated by long positions, and with ample momentum. The MACD has high red bars with higher trade volumes, and the RSI is at 87.7, which is not severely overbought, indicating a clear bullish technical outlook; market funding attention is increasing, and institutional allocation is active, with expectations of Fed easing heating up, forming external support. $BTC
Long positions: Buy in batches on a pullback to 89500-90000, with a stop loss below 88500, and a target of 92000. If it breaks, look at 93000. Short: 92000-92500 met resistance with light positions, defend above 92800, target 90000, if broken look at 89500.
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BTC1h has strongly pumped from 86200 to 91200, with a daily rise of 3.95%, breaking through the previous consolidation range, dominated by long positions, and with ample momentum. The MACD has high red bars with higher trade volumes, and the RSI is at 87.7, which is not severely overbought, indicating a clear bullish technical outlook; market funding attention is increasing, and institutional allocation is active, with expectations of Fed easing heating up, forming external support. $BTC
Long positions: Buy in batches on a pullback to 89500-90000, with a stop loss below 88500, and a target of 92000. If it breaks, look at 93000.
Short: 92000-92500 met resistance with light positions, defend above 92800, target 90000, if broken look at 89500.