1. Daily level analysis (big cycle trend guidance)

From the daily chart, the overall structure of Bitcoin (BTC) still maintains a strong bullish pattern. Since the start of a new round of increases at the end of March this year, the price has been rising steadily, and has now broken through the year's high, reaching a high of around 111959.5, setting a new high in nearly a year. MA5 and MA10 show an obvious bullish arrangement, and the price is firmly above the moving average, indicating that the buying momentum has not yet been exhausted.

However, it should be noted that the current daily line has been rising for several consecutive days, and the K-line entity has gradually shrunk, showing the characteristics of "high-level shrinking and oscillating", suggesting that it may face a technical pullback in the short term.

Key support range: 106500 - 105000 (MA10 daily support band)

Short-term resistance: 111950 - 112500 (previous high pressure)

2. Four-hour line analysis (band trend observation)

The four-hour line structure shows that after a round of sideways fluctuations in early May, Bitcoin broke through strongly and quickly rose to around 111959. It is currently in a high-level consolidation stage. Although there are signs of short-term kinetic energy exhaustion, the retracement process did not fall below the MA10 support line, indicating that the chips are well locked.

MACD is blunt at a high level, and the DIFF line shows signs of turning. We need to be alert to the possibility of a small correction in the short term. If the subsequent large-scale upward attack stabilizes at 112,000, it is expected to hit the area above 113,800.

Short-term key support level: 109800 (MA30 support band)

Short-term pressure level: 112000 - 112800 (breakthrough point)

3. One-hour line analysis (short-term trading rhythm)

On the one-hour chart, Bitcoin has continued to run along the 5-day moving average since breaking through 107,000, forming a short-term accelerated upward structure. The current trend shows signs of slight divergence, and the trading volume continues to shrink, suggesting that short-term bullish momentum may be nearing exhaustion.

However, as long as it does not fall below MA10 (around 111240), it is still a strong consolidation, and a short-term pullback may be a way to accumulate strength for another attack.

One-hour support level: 110200 - 110000 (near the rising trend line)

One-hour pressure level: 112000 hour mark

IV. Suggestions for opening positions and taking profit and stop loss (caution is required when operating with leverage)

The current price is about: 111128

Operation suggestions (based on 125 times leverage, short-term long-term thinking):

Opening position: 110800 - 111000 interval light position to intervene in long orders

First stop profit position: 112240

Second stop profit position: 113350

Stop loss: 109460

If it breaks through 112000 strongly, you can increase your position and chase the long position as appropriate, with the target looking at the 114000 area.

5. Comprehensive judgment and trading direction suggestions

From the perspective of the resonance of the three major cycles, the bitcoin is still running in a typical bullish trend. Although there is an expectation of short-term adjustment, the overall strong structure has not been destroyed. Therefore, the trading direction is still mainly "buy on dips", and the pullback is a good opportunity to buy at a low price.

However, it should be noted that as prices gradually rise, the pressure to cash out high-level chips will gradually emerge. It is important to avoid opening positions at high prices, strictly set stop losses to prevent margin calls, reasonably control positions, and avoid the risks brought by extreme market conditions.

Conclusion:

There has been frequent capital flows in the market recently, and global macro liquidity and the policy dynamics of the United States will continue to affect the volatility of the bitcoin market. It is recommended to keep an eye on changes in the international situation and not to blindly increase your position.

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(This article is a technical analysis point of view and does not constitute investment advice. Leveraged trading is extremely risky, please participate rationally) #以太坊走势 #SUI #PEPE #DOGE #SOL $BTC $XRP $SOL