Good afternoon, friends. Last night, the cryptocurrency price experienced another significant surge, with the high approaching the 91,000 mark. Subsequently, in the early hours of today, the price underwent a certain correction and recovery. Currently, the price is fluctuating below 90,000, consolidating and correcting. Recently, the market volatility has somewhat decreased compared to before, making trading slightly easier. Our real trading positions have also followed the trend and achieved good returns. The recruitment plan is proceeding as scheduled. If you want to quickly get out of the current predicament, you might consider following Zhiyu’s rhythm and take a step.

Looking at the four-hour chart for Bitcoin, the price attempted to test the upper resistance after a continuous rally but then formed a large bearish candle and corrected. Currently, the price has again formed a moderate bullish candle, continuing the previous upward trend. The Bollinger Bands are still expanding, with no obvious change. From the recent repeated attempts to test the 9万 (90,000) level, breaking through and stabilizing is only a matter of time. The bullish outlook remains unchanged. In the short-term hourly chart, after a correction with a series of bearish candles, the price rebounded from the bottom. The long lower shadows indicate strong support at the lower band. The KDJ indicator’s three lines are once again converging and forming a golden cross, indicating a stable upward structure. Participating in long positions on pullbacks is a good strategy.
For Bitcoin, consider going long around 89,500, watch for 91,000. For altcoins, consider going long around 3,070, watch for 3,200.
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