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[How will Bitcoin perform in the future? Key signals have emerged, and a pullback may be an opportunity!]
Recently, Bitcoin news has been mixed, and market sentiment has once been caught in a tug-of-war. However, from a technical perspective, the trend is quietly releasing positive signals.
Although the short-term "Evening Star" candlestick pattern has caused fluctuations, the long-term trend has not been broken. The current price is firmly above both the short-term and long-term moving averages on the 4-hour chart, with a clear bullish arrangement and continuously increasing momentum, indicating that the bullish strength is far from exhausted.
It is worth noting that the previously formed "golden cross" (the 50-day moving average crossing above the 200-day moving average) is still in effect, combined with on-chain data showing that long-term holders are reluctant to sell, which limits selling pressure in the market and further supports the upward logic.
If a pullback occurs in the short term, it is likely a healthy technical correction. The range of $110,000 to $113,000 has strong support, and the pullback may instead create a new round of "low long" opportunities.
In the current market, there is no need to panic and exit due to short-term fluctuations; instead, one should focus on the timing of layouts after a pullback. The trend has not changed, and the bullish main theme is still continuing.
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