Bitcoin yesterday experienced high volatility with sideways movement. Although there was a retracement in the evening, the bulls quickly regained ground, and the upward trend remains strong! Yesterday's two precise entries allowed for steady gains~

From the current chart perspective, the daily moving averages are in a bullish alignment, with the candlesticks trending upward along the short-term moving averages. Although the bullish volume has experienced slight fluctuations, it remains within a healthy range, further solidifying the foundation for an upward move. On the four-hour chart, Bitcoin's price is currently firmly above the Bollinger middle band, which is a key support level for the recent upward trend! As long as the price does not effectively break below this level, the overall upward momentum will not reverse, and the bullish outlook remains unchanged!
Bitcoin retraced around 95100-94300, with potential to rise towards 97000-98800. A breakout could lead to a move towards 100,000.
Altcoin retraced around 3290-3250, with potential to rise towards 3400-3500. $BTC $ETH #美联储降息