BTC 4-hour overall trend is bullish As I mentioned before regarding BTC, the historical high will break above 110,000, and it is expected to turn bearish below 120,000, entering a one-sided bearish market. Currently, the trend for BTC remains bullish. There is no bearish market outlook; small declines should be viewed as corrections, following a one-sided upward trend. Before there are bearish signals, it is not advisable to take medium to long-term short positions, as it can easily lead to losses. Regarding whether the current highest point of 111,873 is a peak, I believe it is not, and there will be opportunities to break new highs again. I expect that after reaching the bull peak, it will oscillate at a high level for a period, and I anticipate that in a few weeks it will begin to enter a bearish market. According to the timeline, attention can be paid to the interest rate news in June and the U.S. Treasury events. Currently, the black swan events I can think of could be triggered by U.S. Treasury issues, so everyone should pay attention to next month's news direction. Currently, there is no pressure above BTC, so we do not look for shorts and continue to look for bullish opportunities. The drop should be viewed as a correction first, and it’s not too late to plan for a top short position when bearish signals emerge. Support for the correction is mainly concentrated around 107,914, so pay attention to defensive support.
Intraday trend, expect bullish opportunities after a correction. (There is a chance of breaking new highs) BTC Support and resistance layout points Resistance layout around 112,500
Support around 107,914 After breaking below, pay attention to support near 103,781
ETH ETH trend has a chance to catch up Resistance around 2,752 After breaking upwards, pay attention to resistance near 2,845
Support around 2,520 After breaking below, pay attention to support near 2,381
Intraday operational strategy, mainly low buys, with high shorts as a supplement. The above is for reference only; actual trading should be based on market fluctuations. #比特币突破11万美元 #btc #ETH🔥🔥🔥🔥🔥🔥 #bnb