BTC is very likely to break the previous high of 112,000 this time. As mentioned last week, there have been a total of 4 adjustment cycles from 2022 to now, and we are currently in the upward phase after the fourth weekly adjustment cycle. The main focus for the volume surge is on the 2-day line; when the energy on the 2-day line exhausts, this wave of market will end. Currently, the energy looks very strong, and if the previous high is broken, it will initially push up by 10,000 points.
Breaking through 112,000 here, we will directly look at 113,300-113,800 in the short term, with pressure moving up to 114,000-115,000. If it pulls back to 111,400 in the short term, continue to add positions. Then, after some consolidation, once it stabilizes above 113,800, we will directly attack 116,400.
ETH has initially stabilized at 2,508 and is starting to look at the range of 2,880-3,060 for this market. Set a stop-loss at breakeven for the trend position and hold on.