The cryptocurrency market is experiencing a major earthquake, a nightmare for short sellers, as Bitcoin hits a new high, breaking through $126,000, with the number of liquidations continuing to rise.

From the previous pullback around $108,000, it has already been established. The pullback is a buildup to create a solid base for better breakthroughs and upward movement. The reason why virtual currencies can hold such value is largely due to American schemes, which involve driving prices up to sell off. If more capital gets involved, it might just be to buy into it. However, there’s no need for further discussion; regardless of whether it ultimately rises or falls, there is always something to gain in contract trading.

For example, during the previous high, we maintained a bearish outlook, then adjusted to a bullish stance when it hit the bottom. This has truly achieved a dual kill of both long and short positions. With a space of nearly 20,000 points up and down, you can’t say this performance isn’t impressive. I mention this not to boast about my abilities, but in hopes that my presence and the things I share can have some effect on those who are struggling. Let everyone see a glimmer of hope.

In terms of daily technical structure, the candlestick is currently in a W double top formation, with prices consolidating at a high level. Whether it will break through or face resistance and pull back is possible in both scenarios. However, based on the current trend, it definitely leans more towards bullish. If the previous high point converts to support and the price does not pull back into it, it will continue to break upward. Additionally, the indicators are still showing increasing volume. In summary, without any obvious pullback signals, it’s a buy. Everyone can refer to the following strategy:

A pullback to the $123,500-$124,000 range can be seen as a bullish target, aiming for a breakthrough at $126,000 and continuing to look for new highs around $128,000.

The levels are for reference only; actual operations should be based on real-time trading. Follow the public account · How to Relieve Worries? Only Jiang Wei can help you say goodbye to blind trading.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。