In the morning, the Bitcoin bulls made a strong surge accompanied by an upward tea needle, breaking through and setting a new historical high at the 106648 line. We did not rush into the market after Bitcoin and Ethereum continued to slide, but waited for the market to stabilize and to see the formation. In the afternoon, Bitcoin attempted to rise again but failed, starting to face pressure and decline. The bearish position followed closely, with a bearish outlook around 105206, and exited when it fell to 104111, securing 1095 points from the short position, with a profit of 27,000 in oil. The market is still easy to grasp; paying attention to the change in formations is also a way to anticipate in advance. It's a very common consistent pattern: probing highs and correcting back. The path of making positions is long, and one must not rush at any moment. Grasping the rhythm and formation of the market is crucial; being anxious will never yield benefits. Steady and methodical actions will help us survive longer in this circle.

Today, Bitcoin explored high points with a slight pullback, and the daily line formed a small bearish K-line. After probing high, whether it closes at a low or high position depends on the slight market push from the U.S. stock opening in the evening. The daily line is entering a high point for partial correction; currently, it's just a correction and not a top decline. The upward space has slightly converged compared to the previous strong rise at high positions. Today may enter high-point oscillation correction, slowing down the rate of increase. The volatility base of the uptrend is too large, and it is currently confirming the interval low point. We will look for low positions to go long after the evening stabilization; local oscillation corrections are to be expected. In the 4-hour chart, there is a high-point pullback correction. The first retracement point to watch is the middle track near 103500, which is also a strong and weak dividing point. Of course, currently, the evening market is quite close, so it is possible to have a false break of the middle track before rising again. The short-term rhythm is slightly shifting to oscillation. This will test the entry point even more. Let's place the timing after the evening market, first determining the general oscillation range for the day, then finding the entry point to enter the market.

In the evening, Bitcoin can be bought around 103500-103000, with a target near 105000; Ethereum can be bought around 3900-3870, with a target near 4000. #BTC再创新高 $BTC