Morning Analysis:

The Bitcoin daily chart has broken through and is showing potential for a major upward trend, but the 4-hour chart shows a top divergence, resulting in a high followed by a bearish candle, leading to fluctuations and weak rebounds. Retail investors are rarely entering at high levels, and trading volume is shrinking, so there is a need to guard against sell-offs.

Bitcoin and Ethereum are both at critical levels, with a fierce battle between bulls and bears. A short-term pullback may attract capital into the market, and it seems there is a 'feigned retreat' strategy at play.

Suggestion: Buy Bitcoin around 119200, target range 121500-122000, if it breaks through look for new highs; otherwise, consider shorting. #BTC突破12万大关 #比特币