Yesterday, after a small ups and downs, Bitcoin's trend seemed a bit dull. But do you know? It is also quietly accumulating strength. That night, when the CPI data was released, it seemed as if there was an invisible force pushing it. The price of Bitcoin was like a wild horse running all the way, and it even touched the high point of $93,300, setting a new historical record! Although it encountered some resistance after the overnight surge, and the price fell back to around $88,000, it rebounded quickly to more than $90,000 like a spring. The entire market still maintains a bullish trend. From the perspective of the market, people often worry about falling after a surge in a strong market, and worry about rising after a weak market. But yesterday's Bitcoin showed us two waves of strong bottoming and rebounding, which clearly told us that the decline was only temporary, and a strong rebound was the main theme. Take a look at the four-hour chart, which constantly shows the rebound after the decline, and each action is accumulating strength for the next big move. Although the hourly chart showed a trace of a negative line decline in the short term, it was quickly recovered by a strong positive line. This decline did not continue, but instead made the overall trend stronger.
So, today's operation strategy is already very clear. As long as we grasp the bullish opportunity after the pullback, just like catching a rabbit jumping up, the operation rhythm can be completely in accordance with our wishes. Continue to be bullish and go long after the pullback. This is undoubtedly the most ideal operation strategy at present!
