1

$BTC
This week, the pancake has completely followed a deep V pattern, belonging to the stage of bottoming out and rebounding. On Monday, the price started at 1012 and dropped to a low of 940. After several trading days, it gradually gained momentum after the correction and once again stood above 1020. By the 15th, the price reached as high as 1025. In terms of trend, it is still on the rise, which is beyond doubt. The only question is where the peak of this rising phase is, which is something we should think about and pay attention to.

The view on the wolf enclosure remains unchanged; in the future, the 100,000 mark will be maintained for a long time, leading to a phase of oscillation and detours. It will rise to 100,000 for a while, then come down, bottom out, and then break above 100,000 again. Only in this way can more people be washed out, and only this way can price balance be maintained, preventing the price from being driven too high, which would lead to a lack of counterpart orders above.

As for some masters estimating a breakthrough of 120,000, 150,000, or even 200,000, we won’t discuss that. After all, different thoughts lead to different views, and I personally do not hold a positive outlook. I have mentioned this in my live stream; you can infer from a macro perspective that if the price rises too high, it is actually not a good thing. Hypothetically, if one day it really reaches 150,000 or 200,000, then it would not be far from destruction.

From the market trends:

On the daily level, since the bottoming out at 940 on Monday, it hasn't come down again. The lows of 940-942-956-993-991-1005 are gradually moving up, which is a clear upward trend. From the 4-hour level, the lower range of 988-990 is a densely packed area that has been tested multiple times, serving as a dividing line for bulls and bears. Additionally, pay attention to several smaller support levels: here at 996-993 and here at 1004-1005. Early next week, there will definitely be a pullback to find a position for an upward entry.

Regarding the resistance above, I have mentioned in my live stream that any resistance in an upward trend is meant to be broken. Therefore, the concept of resistance does not exist. In an upward trend, one must look for support, not resistance. This point is not open to any rebuttals; if you think about it carefully, you will understand.

Combining all viewpoints, the current phase is a slight upward oscillation. It is certain that the price will rise, but it will not rise particularly high, understood? Therefore, whether in spot or contracts, one must know to clear positions and take profits in a timely manner at high levels. What you hold in hand is real; leaving it there is just a string of numbers.
#BTC重回关键位置后走势 #加密市场反弹