526 Technical Key Points Analysis:
BTC:
The Bitcoin weekly chart has formed a bullish doji, indicating that both support and resistance are quite clear. On the weekly chart, pay attention to the support level around 106000, and the resistance level at 112000. A breakthrough there could lead to an accelerated unidirectional movement.
The daily chart has shown two consecutive bullish days, with multiple tests of support followed by quick recoveries. The upper side is constrained by the 110000 mark. From the current 4-hour trend and hourly chart, it is showing extremely strong momentum. Next, focus on the stabilization at the round number of 110000. It is still quite difficult to achieve a significant breakthrough in the short term, and based on the high-level pressure, a bearish outlook can be considered.
Bitcoin recommendation: Short around 110000-110200, with a target of 108000-107000, stop loss at 110800;
If it touches around 107500, look for a bullish opportunity, with a target of 109500-110000, stop loss at the low of 106700; #加密市场反弹