In the past few days, I have mentioned that 48,000 may be the cheapest price for Bitcoin this year. In recent days, it has been consistently mentioned that the overall direction is still bullish. This morning, as expected, it broke through 60,000, reaching a high of nearly 63,000. Over the past two months, whether it's heading south or north, there have been very few opportunities for a turnaround. Just like last night, after breaking the high position, it continued to rise until it broke a new high this morning. The hedges left in the past few days have basically been cashed out. Currently, it is indeed necessary to follow the trend.

From a technical analysis perspective, after the opening of the US market, there was a small pullback. But as long as it can hold above 60,000, the subsequent trend will still revolve around the bullish direction. This morning, there was a rebound at the daily midline. If there is a pullback now, it can only be said to cherish this hard-won opportunity to get on board. It's a simple principle: if you don't chase the bullish trend at 55,000, do you have to wait until 70,000 to chase it? There is no such reason. You should plan ahead. I still have a positive view for tonight, and it will continue to head north after the pullback.

Target: 63000

In the market, there are many imitators but few successful ones. The easy paths are downhill, and seemingly favorable market conditions are often in decline. Those without an umbrella walk alongside those with umbrellas, but no matter how close they are, they cannot escape the rain and end up getting even wetter. It's better to be carefree. Excessive worries will only make the original trading situation worse. Don't let yourself become confused by doubts and uncertainties. What needs to be done is to unconditionally believe and strictly execute decisions.

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