The valuation of Bitcoin has risen, what is the future trend?

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【News】

【Market analysis】

【Market analysis】

At the daily level of Bitcoin, we have seen that the market has touched three consecutive highs in the previous period, but failed to break through effectively. There is a saying in the market, three breakthroughs and four breakthroughs. We patiently pay attention to the breakthrough situation. Once the entity breaks through effectively, Then the later rise will be confirmed, and if there is no effective breakthrough, there may be a sharp drop at any time. Therefore, the high point is the focus of our attention in the near future.

Reference pressure: 10100 10250 10350

Reference support: 9900 9800 9650

It is recommended to enter the market with an empty order around 10250, with a stop loss around 10350, and a target around 9800. Once the stop loss is reached, immediately backhand, and the target is around 10600.