Friday Afternoon Sharing

From the current trend analysis, the price comparison shows a continuous upward movement with consecutive rising days, and the highs are repeatedly refreshed. Although the position of 99,000 has not stabilized yet, given the current situation, breaking through this price level is merely a matter of time, and its re-entry into the high-level correction phase would be the best evidence. This phenomenon also indicates that the currency price is constructing a new rising platform. It can be observed that the bulls have sufficient momentum and form, and there will not be an immediate change in direction that leads to a deep adjustment, at least not at the moment. On the contrary, after completing the correction, a new upward surge will be initiated again.

In terms of the short-term price trend structure, the market continues to test the key level of 100,000. Under the circumstances of continuously accumulating strength, it is highly probable that the bulls will break through the current price level and continue the upward trend. Although there may be adjustments during this period, such adjustments are merely to accumulate sufficient momentum for the upward breakthrough. Moving forward, one should continue to maintain a bullish outlook to respond accordingly.

Afternoon Sharing Suggestion

For Bitcoin around 98,000-98,500, one can go long directly, targeting 99,500-100,000. #比特币突破10万?