It has been almost half a month without updates, and during this time, Bitcoin has also reached new heights. The milestone price of 100,000 points; a year ago, if someone told me that Bitcoin would return to 100,000 points this year, I would definitely not have believed it, but the reality is right in front of us. Today is Monday, and Bitcoin also climbed above 10 before the weekly K-line closed. However, it subsequently showed a V-shaped reversal. Overall, it is oscillating around 10. During the day, I also made a couple of small trades. Both were perfectly executed, and I'll see if there are any opportunities after the U.S. market opens tonight.

From a technical analysis perspective, the weekly K-line closed above 100,000. It formed a Doji candlestick pattern, and although there was a significant drop close to 10,000 points, the necessary stop-losses have been triggered. Overall, the trend still appears to be strong. Christmas is approaching, and something is definitely going to happen. Currently, the lower Bollinger band at the four-hour level seems to be holding as support. We are now experiencing a rebound at the four-hour level. To gauge the situation, we need to see if it can break above around 997.

Bitcoin trading suggestion: 98500 Buy

Target: 100300#山寨季将持续多久?