Tonight we will complete the daily close, weekly close, and in conjunction with yesterday's monthly close, let's take an overall look at how the market will move in the future.
First, looking at the monthly chart, we see a large bullish candlestick at a high level, indicating an overall bullish trend. Currently, there are no signals of a peak, so last month's 99618 is likely not the highest point. This month, there is a possibility of reaching new highs, even above 100,000, which is also quite feasible. However, one thing to note is that while the large candlestick is rising, the bottom moving average indicators have not kept up with the market fluctuations, so there is a lot of space at the bottom, and we should be cautious of potential downward spikes within the month.
Next, looking at the weekly chart, we see a bullish doji candlestick at the top position. After retracing near 91000 during the week, the market continues to rise and warm up. The overall market's completion of a retracement followed by warming up is a strong bullish performance, so this week leans towards continued bullishness. We will watch the 92000 support at the bottom; as long as it does not break below 92000, the bullish trend remains.
Looking at the daily chart, we see a small doji candlestick near the middle Bollinger band, indicating that the overall market is leaning towards a slight upward fluctuation. The support to watch during the day is 95000.
In summary: The overall market for Bitcoin leans bullish, and we continue to expect Bitcoin to challenge new highs. As long as we do not fall below 95000 during the week, we can continue to go long. If we first break below 95000, then we will see a retracement to support before moving up again. If there is no retracement and we rise, then from a technical indicator perspective, it is likely that after challenging 100,000, there will be a sharp spike before a pullback. Therefore, this week requires more cautious operations, using the 95000 support at the bottom and the 100,000 level above as standards. If it breaks, we can try to short or go long, expecting a movement of 2000-3000 points.