The current price of #BTC挑战11万大关 is located in the top stagnation zone, and there has been no breakthrough. It is expected to have a narrow fluctuation in the range of 1055-1044, and I am not optimistic about continuing to weaken, leaning towards a weak pullback while maintaining a strong price trend. The movement has been quite bumpy, so look for opportunities to catch a rebound. There hasn't been a consecutive upward trend at the top, indicating that there hasn't been a launch of an upward movement. It's more about testing. So if there's an opportunity, just take it. Regarding #BTC走势分析 .

The 'W' bottom has formed, everyone, make sure to buy a little bit. Bitcoin has already established effective support in the last hour, and it hasn't broken the upward channel during the day. The transition from weak to strong indicates a determination to push up. The market still has a positive outlook for Bitcoin; although we can't expect it to soar directly without pause, as long as we don't see a decline followed by further weakening, we can accept the situation.

The 1-hour level transition from 'M' top to 'W' bottom shows how turbulent this week's market has been from the very beginning. It has now broken through the neck line of the W bottom, with the price transitioning from weak to strong. As long as the price doesn't drop back, we will continue to be optimistic about Bitcoin.

Expecting a rise from the current price of 1038-104000 to break through 106500; if it doesn't break, we still look for a pullback and fluctuation.