#Gate上线美股代币交易#

The Bitcoin price in the morning slowly oscillated downwards after peaking at 110664, with a minimum pullback to 108480. The price has stabilized again and begun to oscillate upwards. We placed long orders around 108500. The 4-hour chart shows an ascending channel constructing upward steps, with the low point of 105500 as the starting point for the upward wave. Currently, the middle Bollinger Band is the critical point for short-term bulls, and the strong trend is not deeply retracing. This also aligns with a strong correction and a slow upward trend aiming to create a new recent high. The breakout high point of 107 is close to the support near the middle band. Today's operations rely on the middle band, maintaining a defensive posture while continuing to look bullish. If it breaks down, we will adjust our strategy. In this step-like market within the ascending channel, as long as the critical point is not breached, the bullish outlook remains unchanged.