【BTC Today's Market Analysis】

The BTC market trend is as I previously analyzed and predicted. As long as it breaks through 108,300 and stabilizes, it will definitely aim for the 110,000 mark. At that time, the entire weekly indicators combined will resemble the low point of 38,500 in January 2024, where it stopped falling and rebounded, entering a rising cycle.

Once it reaches 110,000, it is highly likely to break new highs. The major upward trend is being planned in the background; it should at least reach 125,000. However, the market is still more optimistic about a fluctuation within the 100,000 to 110,000 range, believing that the market still follows the high and low resonant candlestick trend. The strong resistance level at 108,300 shows a slight downturn, and indeed, the market is exhibiting small fluctuations to induce short positions. Once shorted, it can easily become fuel for the market.

Even in probability theory, it’s believed that such a high position is bullish. If trapped, it’s hard to get out, especially since the strong support level of 100,000 has recently been broken, and the situation is still fresh in memory. Therefore, many people feel anxious about being bullish and are influenced by various bearish comments in the market, making them more confident in bearish positions.

Little do they know, 108,000 is the lowest point of the upcoming upward trend. I had a deep experience of this situation on January 22, 2024. I remember that on January 11, BTC spot ETF slightly rose to 48,900, resulting in a bullish market that crashed down to 38,500, with a two-month support point around 40,000. Ultimately, after that drop to 38,500, it turned around and entered an upward trend, similar to the recent situation where the 100,000 support was forced to rise to 98,200 and then closed.

In fact, the main point is that the hourly MACD has a death cross moving downwards, while the market fluctuates slightly upward rather than slightly downward and ranges. This is a very abnormal indicator manifestation. Once the MACD releases space and forms a golden cross, a wave of upward movement will begin. As for other time frame indicators, I have mentioned them before and will not reiterate.

As long as in the next two days, there are no geopolitical conflicts or comments about increasing tariffs, a stable upward movement will occur.

Personally, I see the market trend as bullish, not bearish. $BTC #分析行情