New week, new atmosphere. With the further increase in bullish momentum being released, Bitcoin has reached a historical high of 106665. This once again confirms the rhythm of a bull market that doesn't signal a top. How should we respond next? Will we repeat past mistakes?
On the daily chart, there has been a series of upward movements, and the trend structure continues to maintain a bullish rhythm. The overall trend remains unchanged. From a seasonal perspective, the series of upward movements has opened up the Bollinger Bands, with clear support at the bottom, indicating further upward potential. Currently, although there are signs of pullbacks on a smaller scale, the strength won't be too strong, and the support around this level should still be treated with caution.
Around 103000-3500, look at the range around 105800-6500.