#加密市场狂欢 A new week has begun. Bitcoin broke through 106K this morning, setting a new historical high, with a beautiful bullish candle on the daily chart and a bullish candle on the weekly chart, marking a continuous 7-week upward trend, the longest consecutive increase since 2021.

Looking at the 4H chart, Bitcoin is forming an ascending wedge, and breaking a new high is also at the channel line position. If it does not stabilize above the resistance line, it will naturally pull back, so be cautious of a second test of 99K and potential false bullish signals.

Additionally, on the 4H chart, a not-so-good standard butterfly pattern appears, with the completion of point D at a predicted target of 107783. Short at point D 107783 PRZ with a stop loss at 112485, T1 target at 103295, T2 target at 100502;

The second PRZ reversal zone for shorting at point D is between 109713-110280, with a stop loss at 112485, TI target at 104514; T2 target at 101256.