On Tuesday morning, Bitcoin entered a phase of consolidation after reaching a new high yesterday morning. Following a wave of false short operations, the downside support gradually increased. In the evening, as the U.S. stock market opened, bullish energy was released as expected, breaking through 107,000 and setting a new historical high. After a short-term pullback, it smoothly resumed its upward trend, with the slope of the channel increasing. The main theme is still to continue reaching new highs, and it seems that this week, hitting 108,000-110,000 is not a difficult task.

Next, the focus for this week is on the Federal Reserve's rate cut decision in the early hours of Thursday. Investors generally believe that there will be a third consecutive rate cut this week, with the market widely anticipating a 25 basis point reduction. After this, the Federal Reserve is preparing to slow down or even stop rate cuts. From both short-term impacts and long-term considerations, this is beneficial for the cryptocurrency market to push Bitcoin towards higher historical prices.

From a technical perspective, the four-hour single bullish surge showcases the unstoppable strength of the bulls. Once the upward barrier is broken, the volume will naturally follow. The frenzy of the bulls not only meets expectations but is also an inevitable result driven by the trend structure. As mentioned earlier, in the current market situation, any pullback is a good buying opportunity. If there is no pullback, then continue to follow the bulls in the short term, anticipating the arrival of higher points. The day directly surged, and the market trend remains clear, with the main theme still being bullish and following the trend.

Short-term BTC operation in the morning: Pullback to the 105,000-105,500 area, targeting 107,500-108,500.

Stupid actions can lead to poverty, but actions that align with the timing can lead to wealth. In a one-sided market, the price point is greater than mindset, and rhythm is greater than technique. The way of trading is to follow the trend!