#GatePerpDEX正式上线 #成长值抽奖赢iPhone17和周边 #加密市场反弹 $BTC $ETH 10.1 Bitcoin (BTC) market analysis reference

Bitcoin today started with a pullback followed by a rebound, touching the 112600 level mentioned in yesterday's article at a low point. Subsequently, the price rebounded back above 114000, with both bulls and bears entering a state of stalemate again. As of the latest update, there are no signs of another upward breakout, and this rebound did not break through yesterday's high resistance. If the bulls lose strength subsequently, the price will inevitably pull back to the daily low support. All coin friends should prepare in advance.

On the short-term hourly chart, the Bollinger Bands are in a contracted state. Although the price has rebounded by over a thousand points during the day, the trend is still maintaining in the middle axis area of the daily line. Currently, the coin price is running near the upper side of the middle axis, with a short-term pattern leaning towards strength. However, we need to pay attention to whether it can stabilize above the middle axis of the daily line. The upper middle track resistance is slowly moving downwards. If there is no effective stabilization above the middle axis, breaking the downward pressure of the middle track, then a further decline in price will be highly probable. The support below still focuses on the level of 112500; if it breaks down, a significant correction is expected. Friends looking to chase shorts after a breakout should pay attention to this position.

10.1 Bitcoin short-term reference:

Short the test warehouse at 114500-115500, defend at 117800, stop loss: 500 target below 113500,

Long the test position at 111800-112800, stop loss 500, defend 110500 for additional, target above 113300.

There is a delay in sending the article, and the strategy suggestions are for reference only. The market changes rapidly, and no matter how confident you are in your market judgment, it is essential to set your take profit and stop loss appropriately to secure your gains.