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#Digital Money market rebounds Bitcoin daily chart shows a bullish belt hold, clearly establishing an upward trend, with the current price consolidating around 114300. From a technical perspective, both the hourly and daily chart MACD indicators have formed a golden cross pattern and are progressing upwards, which clearly indicates that the current market is dominated by long positions. This strong rebound not only successfully breaks through key resistance levels but also marks a turning point in the market trend.
In terms of trading strategy, as long as the pullback does not fall below the key support level of 113340, it can be regarded as an ideal time to enter long positions. Market participants may consider placing long orders in the range of 113500 to 113000, with upward targets expected at 115000 to 116000.
The resonance signals of the current technical indicators suggest that Bitcoin is likely to maintain its strength in the short term. Investors should remain vigilant but not overly worried; appropriately seizing rebound opportunities may yield good returns.