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#BTC 12.8 Morning Market Analysis: BTC and ETH initially dipped then surged, with bullish momentum in full swing!
Market Interpretation: Bullish trend confirmed, upward structure remains rock solid!
The current market rebound sentiment continues to improve, bullish momentum is strengthening, and long positions are heating up across the board:
1. 4-hour chart: Candlesticks have strongly broken through the middle band of the Bollinger Bands, with volume keeping up in sync, continuously challenging the upper band, making the medium-term upward structure increasingly stable;
2. 1-hour chart: Even stronger performance! Directly broke through the short-term consolidation resistance, pushing the market higher and higher, with bullish momentum fully unleashed and a clear short-term upward trend.
Chi Li's Trading Suggestions: Follow the trend and go long based on support levels!
• BTC: Go long around 90000-89800, target around 91500;
• ETH: Go long around 3030-3010, target around 3150.
Follow the rhythm and you’ll have no trouble making profits! Friends, be sure to base your positions on key support levels—don’t miss out on this bullish wave!