Good morning, BTC's market has ended a week of slight fluctuations and adjustments early this morning, breaking through last week's high, which is certainly supported by news. Can it continue to rise today!

The medium-term trend of BTC is still on the rise, but the process will be relatively volatile. This is also the process of the conversion of long and short forces. Recently, this medium-term wave started in April, and from a spatial perspective, it still hasn't reached its target and will continue to rise. In the short term, it is currently not recommended to chase highs intraday, and it is expected that there will be some pullback today. The short-term support is around 110,000. Pay attention to whether a sustained downward V-reversal can form during the pullback (low probability). After a slow adjustment, it will still continue to move upward!