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From the daily chart perspective, Bitcoin continues to exhibit a high-level consolidation pattern, with the previous trading day finding support near the 7-day moving average and closing with a bullish line.
After the opening of the daily chart, the fluctuations narrowed, showing an overall consolidation trend. In terms of technical indicators, the Bollinger Bands are showing slight expansion, and the short-term moving average system remains in an upward arrangement, indicating that the current market still possesses certain bullish momentum.
You can place long positions in the range of 108700-109500, with a stop loss set below 108000, targeting successively at 111000, 112000, and near 113500. $BTC #美联储如期降息25基点 $ETH $GUSD