The morning market has unfolded, currently gaining 700 points. Lao Wang suggests taking a light position first, with the remaining attention on the continuation later, with the target still at 108000. Pay attention to the changes in the support level below 106500-107000.

Currently, the Bitcoin four-hour structure is still growing near the upper Bollinger Band. The current small bullish candlestick has a long lower shadow and a contracted upper shadow. From a technical indicator perspective, the MACD has shown a death cross above the zero line, and the RSI has also reached above 60. However, there are currently no signs of the MACD lines converging, indicating that the price will continue to grow. Lao Wang believes it may break through the 108000 level. The Altcoin just surged rapidly by 50 points, rising from 2421 to around 2470. Lao Wang just opened a short position at the current price, which is expected to be a missed opportunity. However, from a technical perspective, on the four-hour level, the MACD lines show some signs of sticking together, although the RSI is still above 60, it should not decline in the short term.

Operational advice:

Those holding long positions in Bitcoin can continue to watch for a continuation. Those who haven't kept up with Lao Wang's pace can wait for a pullback to the 106500-107000 range before entering long positions, targeting 108500.

For those who just entered a short position in Altcoin at the current price, based on their own conditions, Lao Wang suggests stopping loss and closing the position. Subsequently, like Bitcoin, wait for a pullback to around 2400 before entering long positions, targeting 2470. #香港加密概念股 $BTC