The midnight market continues to rise as expected, currently facing pressure at the 108,000 level for a pullback correction. The oscillation to gradually break higher is still ongoing, with the short-term rhythm coordinating with the bullish step-by-step pullbacks.

Recently, there have been many positive news items, with the imminent interest rate cut by the Federal Reserve and Trump about to take office, among a series of favorable news that has continuously boosted market sentiment, indirectly leading to Bitcoin's significant rise after breaking new highs. The data has shown a favorable trend. Looking at the market, after the midnight trading continued to rise and reached new highs, it still showed a market pullback.

In the morning operations, short in the 106,800-107,000 area, looking for 105,000, then go long.