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Bitcoin's performance today is quite impressive. On the 1-hour candlestick chart, BTC has been steadily moving upward along the moving average system, flowing smoothly without any abruptness. Especially when the price surges, the trading volume clearly increases, significantly higher than the recent average volume, indicating genuine buying power behind the move rather than a false rally. The combination of volume and price action provides strong support for the continuation of the trend.
From a trading perspective, the approach remains quite clear. You can wait for the price to retrace to a support level before entering long positions, but it is essential to set strict stop-losses as a prerequisite.
The specific trading range is around 94,500-98,000. You can gradually build positions within the 94,500-95,000 range, with target levels between 97,000-98,000. If the price breaks below, set the stop-loss at 93,800. Remember this bottom line and avoid losing composure due to short-term fluctuations.