Good morning, friends! A new week has begun, are you all ready to embrace new challenges? In the early hours, the Bitcoin market gradually became active, rebounding quickly after testing the 118,000 level twice, and is currently oscillating around 118,800. With such performance in the morning, today's market will surely not end quietly. If any friends find the current market situation tricky and don’t know how to operate, it might be a good idea to follow Xiangyu's lead, as I will provide clear guidance for you.

From the current perspective, the Bitcoin trend is clear and straightforward. The daily chart shows a full-bodied bullish candle, successfully breaking through the resistance of the 30-day moving average, with a golden cross and a significant upward arrangement of moving averages. Looking at the four-hour chart, the market continues the previous upward staircase pattern, with a healthy and orderly rhythm, and the price is consistently diverging upwards along the upper track. The only remaining resistance is the 120,000 psychological level. Combining this with the hourly chart, the market quickly regained strength after two dips to the 118,000 level in the morning; this position has formed strong support. Currently, the market is showing strong momentum with two consecutive bullish candles, indicating a strong upward trend and sufficient bullish energy, with market sentiment highly unified. Therefore, in the early hours, we maintain our bullish outlook and continue to accumulate at lower levels.

Bitcoin: 118000～118400 bullish, targeting 120000. #ETH走势分析 #比特币流动性危机 $BTC $ETH