#Gate & WLFI USD1 积分计划# #Gate跟单训练营晒单赢$2,000#

​
Bitcoin experienced a slight retreat to the 116307 level yesterday morning, followed by a strong rebound that rapidly pushed the price up. By the afternoon, the market reached a high of 117888 before facing resistance and retreating. The current price has fallen back to around 116300. The four-hour level shows that after a long period of consolidation, the bulls have started to gain momentum, with the price effectively breaking through the middle band of the Bollinger Bands, indicating that the overall trend has broken the consolidation range. Although there has been some pullback, the MACD indicator's fast and slow lines are gradually converging near the zero axis, suggesting the potential formation of a golden cross, and the overall market sentiment is clearly bullish. On the one-hour level, the market has shown a five consecutive bullish candle pattern, breaking above the upper band of the Bollinger Bands before facing resistance and retreating. The KDJ and RSI indicators show signs of turning down, but the MACD indicator's dual lines continue to extend upward, with no clear reversal signal yet. This suggests that the current pullback is more likely a normal upward correction.