5.1 Evening Bitcoin Aunt's Market Analysis, Has the High Point Been Established After All the Bullish News?

The evening Bitcoin has been on a continuous upward trend, stabilizing at 95000 before breaking through to a high of 96414. This evening, we are also adjusting the Silk Road in real-time, aggressively chasing the trend to secure ideal entry points. Aunt has also risen to a high of 1858 before pulling back. Overall, it still maintains a high-level oscillation and adjustment.

On the four-hour chart, the strong consecutive bullish candles have reversed the divergence in technical indicators. After breaking through the upper channel, there has not been a significant pullback, indicating that the short-term bulls still have room to operate.

In conjunction with the publication of certain fundamental economic indicators affecting the market, the bearish sentiment towards the US dollar is a bullish factor for safe-haven assets, which is also why there is still room above. However, as the stock market opens, the bearish sentiment towards the US dollar may lead to a decline in the US stock market, which could subsequently affect prices here, leading to a drop. Therefore, it is recommended to be cautious before going long in subsequent operations.

For future reference, consider a light position around the current price of 96500 for Bitcoin, looking at 95000-94000, and for Aunt, consider a position near 1850, looking at 1800-1760.