From the perspective of the 4-hour chart, the momentum in the early morning is unstoppable, having recorded 6 consecutive bullish candles and strongly breaking through the 100,000 mark. After the breakout, the trading volume continues to expand, showing a rapid upward trend.
From a technical standpoint, the MACD is diverging above the zero line, with the fast and slow lines rising at a 45-degree angle. The RSI is above 70 and has not yet turned down, highlighting the strong market trend. In the early morning, we anticipate the bullish trend to continue, and we can focus on low buy strategies.
At the 105,000 level, set a stop at 99,800, with a target of 102,500 to 103,500.