Morning Bitcoin bulls have strongly surged, coupled with upward tea needles, and Bitcoin has once again broken through to set a historic high of 106648. We are not hasty with Bitcoin and Ethereum, and after consecutive losses, we did not rush to enter the market, but waited for the situation to stabilize and for a pattern to emerge. In the afternoon, Bitcoin attempted to rise again without success and began to face downward pressure. Following the bearish trend near 105206, the short position was set, and when it fell to 104111, we exited, securing 1095 points in profit, with a loss of 27,000 oil. The market remains easy to grasp, and paying attention to the transformation of patterns is also a way to foresee developments. This is a common and consistent approach: probing highs, falling back, and correcting. The path of trading is long; one must not be anxious for immediate results. Grasping the market rhythm and patterns is crucial; impatience will never yield quick results. Steady progress will allow us to survive longer in this circle.

　　Today, Bitcoin has explored highs with slight pullbacks, and the daily line has shown a small bearish candlestick. After probing the highs, whether it closes at a low or high position will depend on the slight push from the U.S. stock market opening in the evening. The daily line is entering a high-level local correction, and currently, it is merely a correction rather than a top retreat. The space for upward movement has slightly converged; compared to the previous strong surge and closing at high levels, it may enter a high-level fluctuation correction today, slowing the pace of the rise. The volatility base is too large, and the low point of the range is currently being confirmed. We will wait for stabilization in the evening session before choosing to buy at lower levels, treating local fluctuation corrections accordingly. The 4-hour chart shows a high-level retracement and correction, with the first retracement point focusing on the mid-track around 103500, which is also a dividing line for strength and weakness. Of course, currently, the evening session is relatively close, so we cannot rule out the possibility of a false break of the mid-track followed by a rebound. The short-term rhythm is slightly shifting to a fluctuating market. This will test the entry points more, so we need to place our timing in the evening session, first determining the approximate fluctuation range for the day, and then finding the entry point.

　　In the evening, Bitcoin can be bought at 103500-103000, targeting around 105000; Ethereum can be bought at 3900-3870, targeting around 4000. #BTC再创新高 $BTC