As mentioned in the articles from Friday and Saturday, no matter how much it falls, it will eventually rise again. Just now, BTC has once again broken through, and the price has reached 119,655. This once again confirms our prediction.
However, we need to observe closely next. This 4h rise is nearing its end; it is uncertain whether we will continue to rise or undergo a round of correction. However, high-level fluctuations will definitely occur. Pursuing long positions at high levels in the short term could lead to being stuck for a long time, so it is recommended to treat the situation as a fluctuation moving forward and not to be overly greedy.
Market Analysis
Today we'll only discuss short-term trends, and the predictions for the 4h and weekly charts can continue to reference the articles from this Friday and Saturday.
The rise away from the center in 15m has already emerged. In the short term, we will continue to observe whether it can break through 120,000. After breaking through 120,000, there is a high probability that it will undergo a round of correction as indicated by the black arrow, with a target around 116,000.
