On Monday, Jingyi summarized that the bullish outlook for Bitcoin during the day has been realized, and the oscillating upward pattern continues.

At the beginning of the week, the large pancake maintains an upward fluctuation. After a slight rise in the morning, it suggests buying on a pullback. During the day, it reached a peak of 116400, encountering resistance and falling back. After a slight dip in the evening, the current price has returned to around 115500, with intraday long positions gaining over 2300 points. It is still in an upward fluctuation channel, and the strategy remains to buy on dips.

The details are as follows:
Big pancake 114475-115348, 873 points, 21825 oil
Big pancake 111213-115478, 4265 points, 123150 oil

Summary: Bitcoin 5319 points, 144975 You

Next, we recommend
From the daily perspective, after forming a W-bottom following an initial surge and pullback, the price has continued to rise after a failed second bottom attempt. The short-term K-line has seen five consecutive bullish candles, indicating clear bullish momentum. The key resistance above is in the 120000 area, which the price has yet to reach; thus, a bullish outlook can be maintained for the future.

#ETH链上活动升温 #你看好ERC-8004机器经济吗？ #比特币行情分析