Good afternoon everyone, this is Haige's Bitcoin Wealth Channel. Today, let's continue to look at the trend of Bitcoin. On the weekly chart, the "big cake" has achieved five consecutive gains, which means the price has been rising continuously for a month. Last week closed with a high-level doji, indicating that there will be a certain amount of retracement in the future. Currently, the weekly support level to watch is around 34,000. However, this doesn't necessarily mean that the trend will turn bearish, because the upward trend of Bitcoin is already very clear. On the daily chart, the "big cake" has shown a serious divergence pattern, indicating that regardless of whether it breaks through the previous high or falls directly, there will be a certain degree of decline. The support level below can be seen around 35,500. On the short-term 4-hour chart, the previous high of 37,900 has not been effectively broken through, and the bottom support has not gradually moved up, maintaining around 36,700. If the short-term support at 37,300 is broken, there will be a certain amount of downside space in the future. Overall, it is recommended to pay attention to shorting at 37,500. This recommendation is for reference only!

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