1.7 Morning Trading Suggestions

From the 1-hour level chart perspective, after the early morning price retraced and explored lows, a strong rebound has been initiated, with BTC currently trading around the 93000 level. Although the price is temporarily below the middle band of the Bollinger Bands, bullish momentum is evident, with bulls maintaining a dominant advantage in the short-term long-short contest. The overall trend should be treated as shock-biased strength, requiring flexible response to market fluctuations.

Key Signal Level

BTC has successfully broken through previous resistance levels, with the three Bollinger Bands continuously rising, clearly opening an upward channel. Meanwhile, recent trading volume has significantly expanded compared to previous hours, with price and volume rising in sync, confirming active market participation and strong upward momentum. BTC is following the strong trend synchronously, with the technical picture showing an upward oscillation pattern, and bullish potential gradually accumulating.

Trading Suggestions for Reference

BTC: On pullbacks to the 92500-93000 zone, consider opening light long positions with targets around 94500; set stop loss below the lower Bollinger Band, strictly controlling risk.

ETH: On pullbacks to the 3230-3260 zone, take long positions opportunistically with targets at the key 3340 level; if momentum weakens after reaching the target, flexibly reduce positions and exit.