Thursday: Bitcoin at 110,000 broke for me, the big one is still to come

The market will not sympathize with anyone, it will only strike hard against those who go against the trend and provide the most satisfactory results for those who follow the trend.

After the early market corrected and pulled back, it broke new highs again, consistent with our expectations. The ten trades also captured this wave of rise, perfectly seizing a space of 1800 points.

From a technical perspective, the short cycle maintains an upward extension and continues to rise, with bullish volume cooperating with space release. Although there is a certain demand for pullbacks, the recovery effect is evident.

In the short term, the running channel continues to open upwards, and after the price rises, there are no signs of a significant fallback. The decline is merely a correction demand within the rising process and does not indicate a trend reversal.

In the afternoon, we maintain our strategy of buying on pullbacks at low levels:

In terms of operations, I personally suggest going long in the 110600-111000 range, looking for 112300-112800.