A rough summary of the current situation:

Expectations fulfilled: Last week we reminded that "the price will stabilize at a new high of 133,000-147,000". This week, Bitcoin hit 110,000, and the bulls have got the script.

The core logic has not changed: weekly MACD golden cross opens + price stabilizes at a new high. These two signals are the "engine ignition", and you know with your eyes closed that it will rush higher.

The only suspense: Can the closing price this week hold onto 110,000? If it holds, 130,000 will be the bottom; if it doesn’t, 100,000 will be the bottom.

Key signal analysis (human language version)

Weekly MACD golden cross opening

What does it mean: The upward momentum of the large cycle has been confirmed, similar to the "starting posture" before breaking 20,000 US dollars in 2020. Historically, after this signal appeared, the average increase was 300%+.

How to use it: If the golden cross does not close, the bull market will not stop, so hold on to it.

Prices stabilize at record highs

What's the secret: Every time Bitcoin breaks its previous high, there will be a wave of "stepping on the gas", for example, after breaking 69,000 in 2021, if there were no regulatory black swans, it could theoretically reach 120,000 (but was actually interrupted). This time, no one is holding back, so there is more room.

Script deduction:

Stabilize at 110,000: shorts surrender, FOMO sentiment explodes, and the target area of ​​130,000-147,000 is likely to be reached;

Falling back below 110,000: the daily line pulled back to test the 100,000 support (retail investors panicked and sold, institutions took the opportunity to take over), but the general trend remained unchanged, and it continued to rise after the fall.

Operational strategy (speaking human language)

Dead bulls:

For those with heavy positions, just lie down when the price stabilizes at 110,000. Don’t think about escaping the top. In 2024, how many people will cry when they get out of the market at 70,000?

If you have a light position, you can place an order near 100,000 to catch the falling knife (if the price drops to that level, you will be giving away money).

Slippery faction:

Take profits in batches above 130,000, sell 10% for every 10,000 USD increase, and leave the tail market for the bold ones;

Stop loss if it falls below 100,000, but remember: stop loss is to buy back at a lower price, not to admit defeat.

Guide to preventing leeks from being cut:

Don’t go all-in with leverage! If the spot price drops by 50%, you can play dead, but if the contract price explodes, you will be out of luck.

Don’t underestimate small coins! In the BTC blood-sucking market, 99% of altcoins cannot rise higher than BTC.

Risk reminder (time to pour cold water)

Short Ghost Stories:

The collapse of the US stock market, the Fed's interest rate hike, and the SEC's troubles may all trigger a sharp drop in the daily level, but has the weekly trend been broken? If not, ignore the noise.

Long-term invincibility:

Quantum computers? The probability of commercial use within 10 years is less than 1%;

Are all countries banning it? The US ETF has been approved, and the global regular army has entered the market. Whoever bans it will suffer.

Final Conclusion

With the resonance of technical, fundamental and emotional aspects, Bitcoin has entered the "era of making money without effort".

Believers: Delete the trading software and see you in 2026;

Band players: 100,000 for defense, 130,000 for attack, eat the fish body but not the tail;

Short traitors: Surrender quickly. For BTC above 110,000, the grass on the air force’s grave is already three meters high.

$BTC #比特币突破11万美元 #币安Alpha推出MERL交易竞赛 #币安HODLer空投HAEDAL

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