In today's morning session, the price of Bitcoin at $BTC reached a new all-time high. After two trading days and weekend adjustments, it successfully broke through important round numbers, moving towards new peaks. In this strong upward trend, the top seems difficult to predict, therefore, following the market trend is currently the best operating strategy. The consecutive bullish candles on the daily chart indicate market strength, and there are currently no signs of a pullback, suggesting that the top formation has not yet occurred. Thus, maintaining a bullish stance is reasonable.
On the 4-hour chart, the market has shown strong upward momentum, and even with slight pullbacks, prices have quickly rebounded. Currently, the middle line of the Bollinger Bands is viewed as an important support line for bulls, with yesterday's low becoming a watershed for market strength. In today's trading, we recommend using the middle line of the Bollinger Bands and the low point of 68000 as defense points, continuing to maintain a buy-on-dips strategy.
Investors should closely monitor market dynamics and adjust their trading strategies based on real-time data. In the current market environment, maintaining flexibility and patience is crucial. At the same time, attention should also be paid to risk management, ensuring that while pursuing profits, one can also protect their investments.