One night has passed, and Bitcoin has not moved out of a very wide range. After we issued a low consolidation approach last night, at midnight Bitcoin saw a pullback, holding and repairing around the 74,800 level. After that, it quickly rebounded and has now returned to around the 75,700 level. Auntie’s trend is still not very strong; after a midnight pullback to the 2,280 level, it stabilized and repaired, and is currently trading around 2,315. Our Dodo order that we have actively entered is still in hand, waiting for the profit to be realized.

From the current market structure, although Bitcoin again went through a deeper retracement at midnight, it never broke through the key support, nor did it form a substantial, effective breakdown. Moreover, after completing stabilization confirmation, the rebound’s speed and strength both performed strongly. This pullback is only a technical correction within the trend and has not caused any fundamental damage to the original upward trend structure. On the hourly timeframe, after this pullback is used to digest, the head momentum has been fully released and further consumed; the fast and slow lines turn upward near the zero axis, and a golden cross signal is about to form. Although the short-term oscillation center has shifted slightly downward, and the middle band of the Bollinger Bands is forming a stage-wise resistance, based on the current momentum-repair rhythm and the overall structure, the breakout is only a matter of time. Therefore, early on, our Dodo view remains unchanged.

Bitcoin: Dodo around 75,500, aiming up to 77,500.
Auntie: Dodo around 2,290, aiming up to 2,400. $BTC $ETH #Gate13周年现场直击 ‌ ‌