The rebound is approaching the previous high of 118910, with initial signs of pressure emerging. Although the MACD shows a golden cross pattern, the divergence in momentum hides the risk of a pullback. If the moving average at 118029 is lost, the support at 117000 may be quickly breached.


Rebound is a weak repair, not a trend reversal.

Personal opinion, for reference only:
BTC 118800-119300 range consolidation, target 117000, 115500
Auntie is in the 3880-3900 range, target 3800, 3730.
BTC-1.5%
ETH-4.46%
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