Friday Morning Jingyi's Analysis of Silk Exposure

In the early morning, Bitcoin broke through its historical high, standing at the 113000 mark, then continued its upward trend, peaking at 117500 in the morning before the momentum slowed down. Previously planned short positions due to anticipated pullbacks regrettably exited, and after multiple consolidations, a new high was reached, with the current upward momentum once again slowing down.

The hourly chart shows that Bitcoin has broken through the upper Bollinger Band, leading to an upward shift in the middle and upper bands, recovering after a long upper shadow bullish candle with a slight pullback, indicating weakened bullish momentum. The four-hour chart presents a three consecutive bullish candles trend, with long upper shadows, but the bullish candle body has a space of five thousand points. The market will not always rise or fall; the strength of the pullback needs to be assessed to determine the subsequent direction. Friends who cannot hold large spaces may consider quick in-and-out trades!

Operational suggestions:

BTC 106500-107500 light shorting, target near 113000. (If it doesn't break, go long)

ETH Short near 3000, target near 2800. (If it doesn't break, go long) #BTC再创新高 $BTC $ETH