Recently, the range of the trend has not been large, but it has been exciting. The excitement mainly comes from the impact of the fundamentals, with true and false information emerging constantly. Therefore, these past few days have been quite busy, continuously adjusting and analyzing. During this time, there have been continuous cycles of ups and downs. Currently, we have already seen a series of ①⑨, and ②o is also on the way. At first glance, it may seem exaggerated, but those who have been observing for a long time know that after a wave in the trend, the next wave is generally predictable. This is the result of long-term accumulated experience, as well as an absolute sense of the market and capturing details of the fundamentals.

Week ① initially showed weakness, and after dropping to 106700, it continued to fluctuate. This position is also quite interesting, as the main force is building a range. Breaking the low points will lead to continued weakness. It wasn't until early week ③ that it touched the bottom and rebounded. The high point at the beginning of the week was parallel and moved down, breaking the initial position, and then the resistance was continuously broken, with the resistance turning into support. This was the precursor set in week ⑥ early morning. After week ③ broke the resistance, it directly increased in volume. Week ④ first showed a correction, which is also a typical trend after an increase in volume. The range of the correction has also been discussed. Then there are the fundamentals, false signals, and true signals. Week ⑤ continued the weakness of the true signal, while the low point was defended by the previous support, and the daily high point turned into a low point. These are not coincidences; every wave of the trend has points of correlation. Therefore, as long as the previous trends have been established, the following trends are generally predictable. As for the weekend, there isn't much to discuss, just observing the range fluctuations. Just pay attention to the fundamentals; there are no significant movements on weekends without any fundamentals.

The upper range near 109200 and around 107200 near $BTC .