Morning Analysis

The Bitcoin surged to 124,545 this morning and is currently around 124,300, strongly breaking through the previous resistance at 123,000. The next target is aimed directly at 127,000–130,000. If it stabilizes at 125,000, it will trigger over 18 billion USD in short liquidations, accelerating the rally. Key support has moved up to 122,000–122,500; if it falls below this, it will deeply retrace to 120,000.

Bitcoin Trading Recommendations: Long: Enter after a pullback to 122,500–123,000 (target 125,000, stop loss 121,800); chase long after breaking 125,000 (target 127,000).

Short: Light shorting in the strong resistance area of 127,000–130,000 (target 124,000), stop loss 130,500.

The Ethereum also surged to 4,783 and is currently around 4,720. The historical peak zone of 4,800–4,869 is the battleground for bulls and bears! A breakout will open targets of 5,000→6,000, with support anchored at 4,600–4,650; a drop below this will retest 4,450.

Ethereum Trading Recommendations: Long: Gradually accumulate in the range of 4,650–4,700 (target 4,900, stop loss 4,600); chase long after breaking 4,870 (target 5,200).

Short: Short below the previous high of 4,870 (target 4,700), stop loss 4,900. $BTC #BTC再创新高 $ETH