Friday: Gradual Rise, Correction After Breaking High

Those who have endured the bitter cold know the warmth of the sun; those who have experienced a bullish trend know that there is no such thing as a high position. Don't go against the trend just because you don't understand the rhythm.

Yesterday's market performed as we expected, breaking upward and remaining in a consolidation correction state. It did not experience a pullback but maintained a bullish pattern, capturing 1800 points and 700 points in two trades during the day.

From a technical perspective, after the price rise in the short cycle, it is consolidating at a high level. The volume maintains a bullish pattern; although it is shrinking, it has not caused a bearish release. There are no signs of the running channel narrowing, and it is moving upward in a corrective pattern.

In the short term, the running channel is forming a narrowing state for consolidation, but the strength of the price pullback is still relatively weak. Although the oscillating rise has not made a strong breakthrough, it is steadily biased towards bullish without any intention of pulling back.

Today, we maintain the strategy of buying on dips at low levels:

In terms of operations, I personally suggest buying in the 110800-111200 area, looking at 112300-112800$BTC #比特币突破11万美元 .