BTC, after experiencing narrow fluctuations over the weekend, broke through the range of 36200-36800 in the early morning and is currently at 37500, just a step away from a new high.
Structurally, a buy signal was confirmed with a strong third buy on the 4-hour chart, indicating strong bullish momentum. It is anticipated that new highs will continue to be reached, with a potential challenge to the 40000-42000 level.
In the community, there have been indications of wealth passwords for the MEME and WLD varieties, with WLD profits exceeding 10% and MEME profits exceeding 25%. Additionally, TIA, which was recently listed in early November, saw its price rise from around $2 to a high of $7.42, yielding over 3 times the profit.
First, looking at the daily chart, there was a downward correction followed by an upward movement. The MACD has remained consistently above the zero axis, indicating strong bullish momentum. However, it is important to monitor the breakthrough strength for potential signs of a reversal.
On the 4-hour chart, the strong third buy has been confirmed, with the MACD showing mild volume above the zero axis, indicating continued bullish control of the market. The breakthrough of the new high is likely, and the extent of the bullish trend will depend on whether a third buy signal appears on the 30-minute chart.
Finally, on the 30-minute chart, the current upward trend suggests a strengthening of the bullish momentum, with the potential for further upward movement if a third buy signal appears.
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