5. Analysis Strategy for Today's Big Pie Market on Friday, 23: The daily K-line shows that today's highest point reached 111900, while the lowest point dropped to 109000, with key support located at 105000. It is worth noting that the top divergence pattern of the MACD indicator is still ongoing, while the DIF and DEA dual lines maintain an upward divergence trend. From the Bollinger Bands indicator, the upper resistance level has reached 112000, with the middle support at 103000; these two points can be key observation targets. The market is currently in an extremely overbought state, and a correction may occur at any time. Driven by the referendum event, the Bitcoin price has reached a new historical high, which significantly differs from the upward trend seen during Trump's election.
From the four-hour technical analysis, the Bollinger Bands are continuously expanding, where the upper pressure reference level is 112500, the middle support level is at 108000, and the lower support is at 103000.
Operational Suggestions: For the big pie in the 111900-113000 range, the target price is initially set at 110500-109500. If this range is effectively broken, it can further look down towards below 108500. $BTC #BTC再创新高 #比特币突破11万美元