Overnight Bitcoin prices rose again to a new high, reaching the 77200 area, then falling back to the 76400 level. Recently, we have consistently maintained a bullish outlook, fully confident at high levels, and the actual market development closely aligns with our expectations. Today’s bullish sentiment has also been profitable, simply taking profits:

During the early hours, the market continued its upward trend, bringing certain gains. In the short term, Bitcoin prices are showing a fluctuating upward trend, and the bullish market demonstrates strong continuity. From the analysis of the main structure, the market has clearly leaned towards a bullish pattern.

In terms of overall movement, Bitcoin has not provided much room for retracement. Given such a strong market rhythm, we recommend maintaining a trend-following approach to seize the opportunity for upward movement. Retracements can be viewed as opportunities to enter long positions.

Saturday's Recommendations

Long at around 75600-75900 for Bitcoin, with a target around the 77000 level; if it doesn't break, reverse to short.

Long at around 29200 for Ethereum, with a target around the 30500 level; if it doesn't break, reverse to short. #BTC创历史新高