The weekly closing has been completed. Bitcoin has regained a stable position above 108500, which serves as a resistance level from the trend line and weekly midpoint, having completed the support-resistance exchange. Su Yan still leans towards a low long position this time, as Bitcoin is sure to challenge the 112000 mark, refreshing its new high, and the market will definitely become more turbulent, attracting more investors to enter the game!
#马斯克计划成立美国党 #比特币巨鲸动向 Looking at the 4-hour chart, after the consolidation of the past two days, the price touched the 107000 area at its lowest and is gradually rebounding. Currently, it is being pressured near the upper Bollinger Band, while the MACD has formed a golden cross and is running, with the bullish trend gradually increasing in volume. Thus, we still prioritize low long positions, with high shorts as a supplement for short-term gains.
Ethereum remains steady above 2500, and after breaking through MA120, it has also completed the exchange. The daily Bollinger Band's upper track at 2640 is a strong resistance level, so we still focus on low long positions, with high shorts as a supplement.
Considering the stable high position of the US stock market, this wave of weekly level breakthroughs is highly likely to be real.
Bitcoin 110000--110500 short, target 108500--119000
Ethereum 2600--2620 short, target 2550--2530