Bitcoin just broke a new high yesterday, and again broke a new high early this morning. It seems I was right yesterday; after breaking a new high, it won't deviate much, mainly consolidating and solidifying. Most mainstream coins are also experiencing slight fluctuations. This kind of market is the most annoying; it's hard to operate, the position is high, and the trading volume is low. Will the altcoins rotate? It's a tug-of-war between bulls and bears. Let's analyze the probable direction ahead. This article is just a personal review and does not constitute any investment advice.

Bitcoin's break of the new high doesn't look good. I predict it will consolidate around 105,000 without forming a strong bullish candle. However, the overall candlestick pattern is still relatively strong, in an extremely bullish state. Without a surge in trading volume, we need to be cautious about possible pullbacks. The probability of a quick rise in the short term is low. This position is still not suitable for opening contracts or accumulating coins. If it drops below 100,000, it might be a good opportunity to gradually pick up some bargains. $BNB is expected to fluctuate in the range of 700 to 740. When Bitcoin rises, BNB generally shows a weaker trend, making it more suitable for spot trading in a range. $ETH is expected to consolidate around 4000. It performed relatively strong yesterday, especially during the period when Bitcoin just broke the new high. As long as Bitcoin does not drop significantly, Ethereum might reach new heights.

Now back to today's daily $BTC market analysis. From the candlestick perspective, there is a stop-loss phenomenon on the 1-hour level, an upward trend on the 4-hour level, an upward trend on the 12-hour level, and an upward trend on the daily level. The intraday resistance is at 109,000, and the support is at 103,700 dollars.