The impact of the feud between Trump and Musk on this wave of market has ended.
$BTC has recovered the previous declines in two days, but there are signs of consolidation around 105000-106000.
In the short term, the top distribution pattern indicates short-term pullback pressure, and the three red soldiers have not continued to rise. Recent doji candles suggest a balance or reversal of bullish and bearish forces.
Several indicators show that the market has entered a relatively cautious state, with weak momentum, which may continue a fluctuating trend. The upward movement is limited at 106000 and 107000, but there is support below at 104000 and 101000.
For short-term investments, one can consider setting long positions near the support levels, and timely reduce positions or take profits near the resistance levels. If 101000 is broken, exit the market.
From the ETF data, there is still no change; $93,000 to $98,000 remains the best support, while chips between $100,000 and $105,000 continue to accumulate, keeping this range relatively stable for now.
The weekend pace has slowed down, and the turnover rate has also decreased. Investor sentiment has eased. Even the losses incurred by a large number of investors leaving the market in the past two days have lessened. The remaining ones are just waiting for the U.S. stock market to open on Monday. #特朗普马斯克分歧