BTC broke through 109000 again in the early hours of today, which perfectly confirms my recent predictions about the market.

And being unable to rise to a higher position can only be said to indicate that the short-term trend is not strong, but it does not mean a trend reversal. In today's high position, without sufficient liquidity or significant good news to support it, fluctuations in the market are the norm. What we need to do is to maintain a calm mindset and not be easily shaken off by small fluctuations.

Continue to observe. As long as it does not drop below 106000 in the short term, a new high will arrive as expected.

Market analysis

Here, I won't elaborate on the large-scale upward trend. Those who need to strengthen their direction and confidence can refer to the articles from the 4th and 5th. Today, I mainly want to discuss the 1h:

1h level, currently the rebound strength does not seem strong. We need to observe further to see when it can break through the historical high.

Currently, there may be the following two different trends:

1. If the price remains above 107300 this week, then, as indicated by the red and green arrows, it will quickly break out of a new round of 1h rebound to surpass 110600 and set a historical high without a significant retracement.

2. After the price quickly dropped below 107000 and continued to extend down to around 105000, it welcomed stronger support again (as indicated by the black arrow). After the rebound, the price will not hover around the middle track for too long and will directly impact the historical high, without allowing much time for retracement or reaction.

I personally tend to believe that the short-term will continue to move upwards, but we still need to observe the support situation around 107300.

Short-term

In the later trend, the focus remains on observing the support strength in the range of 107000-108000. Pay close attention to the inflow of ETFs and the trading volume of spot. If it drops below 107300, it is likely to return to a range of oscillation later until tomorrow daytime, followed by a downward retracement.

In short, unless you are very confident in the recent market, I do not recommend frequent short-term operations, especially for players who are used to heavy positions. Most of the time, your emotional short-term operations will only reduce your funds. You think you can take a small bite first, but in the end, you may be ruthlessly damaged or even trapped by the market.$BTC #美国加征关税 #BTC #BTC走势分析