Take a look at today's market analysis. First, let's look at Bitcoin. After breaking through the consolidation range of 83,000 or 86,000, there will be a surge of around 10,000 points.

So far, we have already profited significantly from this 10,000-point move, and the market is moving exactly as we anticipated.

Congratulations to those who followed our suggestions and made profits.

Next, how will Bitcoin move? From a 4-hour perspective, we previously mentioned that after breaking through the 86,000 point,

the upper range will be around 88,000 to 90,000, where there will be a small consolidation action.

At that time, it may reach the range of 93,000 to 95,000. Currently, the price is also operating within this range, showing a consolidation and fluctuation. From an hourly perspective, the upward trend remains clear, with no signs of a stop in the decline.

Moreover, the price on this K-line is completely above the 12-day moving average.

The price is still quite strong in a bullish trend. As we mentioned before, a clear resistance level above is in the range of 93,000 to 95,000. Next, we need to focus on the breakout situation of the horizontal consolidation in this range, and whether a double top or multiple tops can form here, which could lead to an effective pullback.

This is what we need to pay close attention to. If a double top does not form here and there is a consolidation and fluctuation in this range, the price may further rise.

At that time, we should focus on the previously mentioned range of 96,000 to 98,000, where the price may consolidate. If there is no double top or multiple tops forming, and no downward probing occurs, it may further rise to the previously mentioned range of 96,000 to 98,000.

At that time, we need to pay close attention to the short positions above and the entry of long positions in this area.

If entering long positions here, it is essential to set a small stop loss and be relatively aggressive,

but there are still reasons to go long.

If you still feel confused about trading, follow our public account: KK Strategy

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