$BTC Why did it fall today? Why did it suddenly fall back by 5,000? I don’t know either. I only know that I gave you the chart three days ago. I didn’t do anything until it reached 102,400. But when it reached 102,400, you told me that you were stuck chasing the rise. To use the words of a teacher in school, have you learned from the bulls? #加密市场反弹

Over the weekend, without stimuli from various news fronts, there is a high probability that there won't be much fluctuation; the trend still remains. As long as the four-hour chart does not break below the yellow trendline, bullish momentum persists. Even if it does break (the yellow line), it will only be a relative weakening, so there is no need to panic too much. Currently, net inflows have also started to recover.

As time progresses, the low points on this trend will continually rise. For entering long positions, one can cut in close to the trendline, referring to around 973-968. For next week, the expected limit on the pullback is likely only around 956 (the pink line). At least until we reach around 102400, I believe there won't be much room for a significant pullback, but I do not recommend trying to capture those pullback profit margins. It's more prudent to focus on low longs.

This month, pay attention to next Friday's non-farm payroll, Trump taking office on the 20th, and the Federal Reserve's interest rate meeting on the 30th. I believe this month will still be tumultuous. If you like this, please give a thumbs up, follow, and leave a supportive comment. #加密市场反弹 #比特币走势观察