1.24 Midnight Silk Road

During the trading process in the day, the market first experienced a pullback, with prices dropping to around the low point of 101211. Just as the market atmosphere seemed somewhat pessimistic, the situation suddenly reversed, and the bullish forces began to accumulate and exert strength, forming a strong upward trend that surged directly to the high point of 106000, a rapid rise that drew attention. Prices temporarily stabilized around 104000, and the overall performance of Yitai during the day was characterized by range fluctuations, with the forces of both bulls and bears relatively balanced. By evening, Yitai and Bitcoin both welcomed a turning point. Driven by Bitcoin's rise, Yitai also experienced a significant surge, with prices climbing to around the high point of 3286, breaking the previous range pattern.

From the 12H to daily chart, it can be observed that the K-line is still operating within the range formed by the pin at 20. Within this range, the trend is relatively stable and does not show particularly eye-catching highlights or breakthroughs. In terms of the moving average system, there are several mid to long-term support levels below. This pattern provides a solid foundation for the market, and whenever the price experiences a pullback, it offers bold opportunities for long positions. Next, looking at the range from 1H to 4H, after the price retraced to the support level of long positions, signs of bottoming and rebound appeared. However, it is important to note that there are still some trapped positions within the smaller time frames. This acts as a potential resistance in the market, which may have some impact on the further rise of prices. In this case, for short-term operations, if the price rises first, one should choose to take profits and exit. Because a new upward segment needs to wait for a 1H breakout after bottoming to truly form.

Bitcoin: Can buy around 105000, short-term target 107000

Yitai: Can buy around 3265, short-term target 3350