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Pay attention and watch again; make sure to receive ten millions. Hello everyone, I’m Li Feng. Let’s look at today’s Bitcoin market analysis.
Bitcoin has recently seen pulse-like rallies under the catalyst of easing geopolitical tensions. The “dual ceasefire” signal formed by the U.S.-Iran ceasefire + Israel and Lebanon negotiations has significantly boosted global risk-asset sentiment.
From a technical perspective, the Bollinger Bands’ three lines continue to spread upward, and the medium-term bullish trend remains unchanged, though the risk of being overbought is still present. In the short term, consolidation is needed to digest profit-taking. After the 4-hour MACD histogram narrowed, it then slightly expanded again. The KDJ moved from the overbought area back into the neutral zone, indicating that the correction’s adjustment and the release of profit-taking have been completed. The bulls have regained initiative, and the intraday bias is mainly oscillation with strength.
Reference suggestion: Don’t chase highs when buying low; set a strict stop-loss.
On a pullback near 71,500, go long. Target 73,000. If it breaks through and there is continuation, you can reduce positions and hold for a further rise to 74,500.
For short positions, consider a light position when the price reaches the 725–730 strong resistance area and shows signs of stalled upward momentum. $BTC #BTC