The pullbacks in cryptocurrency prices seem to be limited due to concerns over U.S. finances and escalating geopolitical tensions. Looking ahead to today’s trading session, there may be limited retracements in cryptocurrency prices, but with the U.S. markets closed today in observance of Memorial Day, the trading day may remain subdued and sideways for correction.

Yesterday, the first support level was breached with a look at 108660 breaking through to 109500. In the morning, the major cryptocurrency surged near 109000, and the upward momentum has not diminished. Continuing to follow the static updates, it appears to be above 110,000. Personally, I believe the upward trajectory has not yet completed, and 112,000 is not the peak.

If holding long positions at 106-107, one can continue to hold and look to reduce positions near 111000.

BTC trading strategy: Pullback to 107298 with a defense of 800 points. Target 110200, breaking through to look at 111000-112000.