$BTC
Looking back at the market in the early morning, at 2 AM, the Federal Reserve meeting began, and then at 3 AM, a wave of strong positive news was released, pushing the price of the coin from around 109,000 to around 112,000, once again setting a new historical high. This kind of one-hour, three-thousand-point unidirectional market surge is beyond control.
Currently, the daily line structure has K-lines showing consecutive gains. After a previous pullback, it has directly formed a V-shaped reversal after a brief correction. The bulls have suddenly surged, directly breaking the previous weak structure. Once the structure undergoes a significant change, the operational strategy needs to be adjusted as well. The Bitcoin 4-hour line keeps raising the low points, showing a bottom rebound pattern accompanied by fluctuations.
In the morning, it is recommended to set up short positions in the 111,400-111,700 range, with an initial target of 108,000.