Tuesday, good morning on a new day!

As the new week begins, Bitcoin once again experiences a surge. After continuously refreshing historical highs yesterday, there was a brief pullback during the European session. Following the opening of the US stock market, Bitcoin surged again, continuing to set new highs, reaching a bullish target of 108,000 at midnight. The overnight price peaked around 107,700, validating the strategy once again. Congratulations to those who kept up with the rhythm and made profits.

Recently, with the arrival of the Federal Reserve's interest rate cuts and Trump about to take office, a series of narratives have surfaced, leading to an increase in optimism in the market regarding Bitcoin. This has caused Bitcoin to experience a significant surge again. Behind this price spike is closely related to Trump’s supportive policies on cryptocurrency. He has promised to make the United States a superpower in Bitcoin and actively promote a friendly regulatory environment for digital assets, breaking the restrictions of the Biden administration. These policy expectations are likely to drive a substantial increase in Bitcoin demand, thereby pushing up the price.

On the daily chart, Bitcoin has closed with four consecutive bullish candles, and the price continues to rise. The call from the 'understanding king' ignited the crypto circle, breaking the historical peak again at midnight. The accompanying indicators continue to show increasing volume, and BOLL is gradually showing signs of turning upwards. This is not over; the bulls will continue to stretch. Do not guess the top; just buy on the key support. Currently, the price is facing resistance at around 108,000. After a series of highs, some adjustment is needed, and after the adjustment, the next target will be the area of 110,000-112,000. Buying on the pullback is still the main participation method.

On Tuesday morning, Bitcoin can be referenced around 105,000 for a try at the long position. The target to focus on is around 108,000. The short-term price may fluctuate back and forth in a corrective rhythm, so remember to maintain good defense when grasping short positions. The strategy remains to buy on dips, and if the situation doesn’t look good, be cautious and stick to the plan! #BTC再创新高 #加密市场狂欢