#BTC走势分析 In the afternoon, there was not much fluctuation in the overall market. Bitcoin fluctuated between 110,000 and 111,000. After the morning surge to new highs, market sentiment has mostly digested. In the morning, Bitcoin not only steadily stood above 110,000 but also strongly pushed towards 112,000. However, friends here have been trying to break even, resulting in relatively fewer operations. There wasn't much thought shared yesterday, and I was busy until this morning when I finally took a break. Talking about it brings tears. Now, let's take a look at Ethereum, which has been climbing steadily since midnight, peaking at around 2692 and currently retracing to the small support level at 2640.

From an overall market perspective, Bitcoin shows a three consecutive bullish trend on the daily chart. After a week of sluggish fluctuations last week, it has directly broken new highs today and started consolidating in the afternoon. From a technical breakdown, the moving averages are all trending upwards, the MACD has formed a golden cross above the zero line, and trading volume is increasing. Looking at the 4-hour chart, the price is pushing upwards along the middle Bollinger Band. After breaking through the key resistance level yesterday, it has completely opened up an upward space, with the Bollinger Band widening. Although the KDJ indicator is slightly overbought, this upward momentum is unlikely to stop anytime soon; we will continue to watch for bullish action tonight. For Ethereum, we can look for pullback opportunities.

In terms of operations, consider entering long positions for Bitcoin around 109,500, aiming for 112,000. For Ethereum, a more aggressive approach can be taken by trying long positions with a light load at 2640; if it breaks down, look for support around 2580 to re-enter long.