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#BTC 10.10 Bitcoin Strategy Analysis
From the market performance perspective, Bitcoin experienced a rise followed by a pullback, with the current price fluctuating around 120000. The bottom is gradually rising, and the overall upward trend remains clear. Bullish trading volume continues to be released, and the moving averages are diverging upwards, indicating significant upward momentum.
From the 4-hour chart analysis, the Bollinger Bands are narrowing, and the price is in a range-bound oscillation. If the KDJ indicator forms a golden cross, it may indicate short-term bullish momentum.
Suggested position for the large pancake: build long positions near 120000, target towards 123000 - 123500, and set stop loss below 119000 to control risk #GateFunMeme创作大赛来袭