After a significant stretch of the afternoon pancake without a clear pullback, we directly entered a long position at 106400, continuing to look for extension, and once again rose at midnight to capture over a thousand points of space.
From a technical indicator perspective, Bitcoin's moving average system shows a bullish pattern: MA7 and MA30 are in a bullish arrangement, with the current price stabilizing above, indicating a positive short-term trend. The EMA indicator also confirms this trend, with EMA7 significantly above EMA30 and at a moderate distance from the current price, showing clear support effects. Overall, the market's short-term trend leans strong, but caution is needed for potential pullback risks.
At midnight, it is recommended to continue long positions near the 106500 pullback for a target of 108500.