BTC Technical Analysis: Target 135K after breaking new highs, beware of short-term pullbacks for correction

Trend Acceleration and Target Outlook

A new round of trend that started from 112K at the beginning of the month has been fully established, with a significant daily increase breaking historical highs, completely dispelling bearish doubts. Key characteristics are as follows:

4-hour Rhythm and Intraday Strategy

After continuous volume increase in the US session, the morning saw a surge followed by a drop, forming a long upper shadow, indicating a possible short-term pullback near 122K. Intraday operations focus on:

Support Area: 122K-121K (pullback correction level + MA5 daily moving average), stabilization can lead to low longs;

Resistance Area: 124K-125K, breaking through will continue the acceleration trend, targeting directly at 130K. #BTC再创新高