How to say, this wave of 110000 area is looking at 107500, perfectly fulfilled, 3000 units, is it satisfying?

Monday evening, Bitcoin market strategy analysis!

The current Bitcoin market is indeed greatly influenced by macro factors. After the market reached a new high, Trump called for a downturn. Last Friday afternoon, he suddenly announced a 50% tariff increase on Europe starting June 1, leading to a bearish drop in the market. Although there were signs of a rebound afterwards, it failed to quickly recover lost ground, and the bullish pattern was broken. During the weekend, there wasn't much movement, and the market continued to oscillate, showing some activity, but it was mostly in a state of pressure testing!

However, this morning, Trump backtracked and announced a postponement of the tariffs until July 9, triggering a rapid surge. Currently, there is a slight indication of continuing breakout potential, but today is Monday, and the market is closed, so the probability of breaking new highs at this point is low. Therefore, from today's perspective, we first look for a pullback before moving up!

In the technical structure, the 4-hour level shows signs of stabilizing above the moving average and continuing to push upwards. The auxiliary indicators are all showing bullish momentum, and the morning's formation is relatively bullish. The trend hasn't changed, but facing the resistance at 110,000, the rebound is in a step-by-step manner, so we can first look around the pressure level before moving down again. Thus, all operations should follow the technical structure and market expectation signals, with a slight rebound in the evening before moving down again!

Bitcoin evening suggestion: Rebound in the 110,000-110,800 range!
Target looking at the 108,500-107,500 range.

Finally, emphasize, trade lightly and cautiously!