The market has been quite volatile these days. After the Federal Reserve's meeting minutes ambiguously stated to maintain a neutral stance, a particularly outrageous individual launched a surprise attack on the market at night, wildly raising tariffs. Whether for hedging or short-squeezing, amidst the chaos, Bitcoin has set a new high.
Several rounds of short-squeezing have left bears a bit confused. In contrast, bulls have not yet experienced the most intense FOMO moment. So how long can this bullish trend last? Will it be reversed with the new round of tariff news? This still needs time to verify.
As mentioned earlier, Bitcoin is consolidating at a high position, attempting to break through near the upper edge of a small triangle. After perfectly retesting 105, the market began to surge with a thunderous momentum, directly setting new highs and maintaining narrow fluctuations at a high level.
There is no suggestion to chase highs in the short term. With the market's bullish sentiment, you as a market participant must remain calm and not be swayed by emotions.
Observe the position of the pullback at a small level. After retesting 109 to fill the gap, if it is not heavily suppressed by bears, bulls may treat it as a chance for oscillation upwards.
The pressure at high levels is not very heavy; instead, many people have started to take profits before Bitcoin breaks through the previous high. At this position, don't expect the main force to come back and take over.
Above:
Above: 112040/113500/114400
Below: 110208/109200/108500