Bitcoin's recent surge has been very strong, setting a new historical high! 🙏
The strong rebound near $668 earlier laid the foundation for the rise, with the trend clearly influenced by election news.
From a medium-term perspective, the market in the latter half of the year will mainly revolve around rebounds after corrections, and there is hope for the market to break through upward pressure and continue to reach new highs.
In the short term, the market is currently in a high-level consolidation phase after breaking through on the hourly chart, undergoing a repair process. The overall upward momentum is strong, so one can wait for entry opportunities during corrections.
However, due to significant market volatility, it is recommended to remain vigilant during operations and establish reasonable protective measures to mitigate risks.
