Briefly talk about my view on the market! Interested brothers can take a quick look!

The price of Bitcoin has also tested around 112,000 multiple times in the early morning, indicating a high possibility of Bitcoin reaching new highs again!

The price action in the last two days has formed a strong support at the 110,000 bottom!

The influx of positive news in the cryptocurrency market has undoubtedly pushed Bitcoin to new heights! At this moment, Bitcoin is different from the last time it tried to break 110,000! The market situation is here! We have to admit it!

While being optimistic about Bitcoin, we also need to guard against the possibility of dropping below 110,000! Have appropriate measures ready!

If you want to short, I still recommend everyone to set up around 112,000 and 113,000! For going long, it’s fine to do so at the 110,000 bottom! If the price goes up, set a stop-loss to protect your capital!

I personally think the big pullback everyone is looking forward to will not be between 111,000 and 112,000, but rather in the range of breaking new highs between 114,000 and 115,000! 🐶 The market will not let the bulls be comfortable all the time! Of course, trading should be based on actual conditions! $BTC #BTC