Week $BTC , two-week closing, after breaking through the previous high and completing the swap of support and resistance levels, as long as the weekly closing does not drop below the 104800 area, it is evident that it has not dropped below, the general direction is upward, simple and straightforward, my view has always remained unchanged, unlike some people who switch between bull and bear and shout to escape.

$BTC Today the weekly line has closed. Last week was a breakthrough and retest at the weekly level. Now the retest has not broken down. When it breaks down, then we can look bearish. The general direction is upwards, with a weekly target around 131,000. During this period, there may be multiple tests of support levels with downward spikes. I looked at some Twitter bloggers and some KOLs who are bearish expecting a drop to 90,000 or 80,000. It is too early to make a conclusion before the weekly close. So as long as it hasn't broken down, we won't be bearish; if it breaks down, then we will look bearish. If you have opened a short position, you will subjectively judge that this market is leaning towards the direction you opened your position. The direction of BTC should be viewed on a larger scale; the hourly chart can be very misleading.