This round, the peak of 110,000 has ended,

or rather, the high point is at 110,000. The 120,000-150,000-200,000 you wanted cannot be reached at this stage, but don’t be sad, there should still be opportunities in the next phase.

I haven't dared to drive these past few days; Israel and Iran have gone to war, driving oil prices up.

At the same time, the long-range ground missiles launched by Israel yesterday flew 3,000 km and precisely hit Iranian nuclear experts and financiers on vacation far away in the Binance nation, including Mohammed Abu Dhabi and others. It is said that the explosion completely destroyed a luxury mansion worth 500 million dollars, along with cash and gold, and the shockwaves from the explosion injured hundreds of thousands of residents in surrounding areas within dozens of kilometers.

The entire Binance nation is filled with cries, blood flowing like rivers. Many people have lost everything overnight.

Currently, judging from the war launched by Israel, Iran is likely to retaliate in the coming days. This wave of Middle East crisis should not end in a short time. The United States has also dispatched warships to participate, helping Israel establish air defense systems to intercept Iranian missiles.

Recently, the international financial environment cannot be so stable, but it is favorable for gold. However, the safe-haven value of BTC has not manifested in this outbreak of war. The national reserve plan is a joke. I heard that in the past two years, Eastern countries have accumulated a large amount of gold, and this time they have reaped benefits.

Currently, from the daily chart pattern, the moving averages have confirmed a dead cross, and the pullback is certain. The MACD has a dead cross pointing down, showing a trend of continued pullback, suggesting to open short positions on rebounds. Yesterday, from the candlestick pattern, there was capital entering the market to support the bottom. The probability of a crash in the next couple of days is small. We should be in a volatile market. The upper pressure is around 106,800, and the lower support is around 100,000.

For the four-hour chart, it is advisable to open a short position around 106,800, with a stop loss around 107,500 and take profit around 104,000. If the price retraces, short-term longs can still be made, but it should be quick in and out, without holding positions.

From the three-day chart pattern, the top 110,000 pattern has been established, the MACD has a dead cross, and the medium to long-term is in a pullback. It is recommended to mainly open shorts on rebounds. If everyone is worried, they can also give up on going long and only trade the rebound shorts. Currently, the large cycle has just begun to pull back, and BTC will definitely break below 100,000 in the future. Spot players should continue to wait patiently.

The big players’ wild fluctuations are not necessarily due to news; news is merely an excuse for the big players to hide their intentions and harvest the leeks. Without news, they will also create news. How insidious.