Morning Thoughts

Good morning, the coin price has gradually emerged from a consolidation trend after three days of adjustment. In the early morning, the coin price fell back to around 107400 for correction before breaking through 108 again. Currently, the coin price is consolidating at a high level near 108100. The price continues to rise, and at this stage, the roles of bulls and bears have reversed again.

The bullish trend on the four-hour K-line has been reversed. After the K-line surged above 1085, it retraced to the EMA15 trend support point of 1074. Currently, the market is in a bullish trend, and the short-term retracement has not broken the support. The bulls are still present. The MACD has been continuously contracting, but the DIF and DEA are still expanding above the 0 axis. If a golden cross forms, it could lead to a continuation of the previous high; conversely, there is still the possibility of a rapid pullback after a surge.

Operation Suggestions
Near 109000 for Bitcoin, target 107000
Auntie is around 2530, with a target near 2450.