From the 1-hour chart perspective, Bitcoin is currently around $68,700. After a deep correction earlier, the bearish momentum has been fully released, and the price has gradually rebounded from the recent low point, with strong buying support. The middle band of the Bollinger Bands is being gradually broken through, and the band is expanding, indicating there is still room for further upward movement.



The midday trading strategy remains bullish, with a focus on the support level between 68,500 and 68,800. Resistance levels to watch are in the 69,500 to 70,000 range. It is recommended to mainly consider buying on dips.
BTC-1.19%
ETH-1.69%
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