Last week is already over, and this week is a brand-new beginning. Last Monday, Duotou led the charge first. After three consecutive bullish days, the market moved into a correction that continued all the way through Saturday. On Sunday, it tested the bottom support and the upper resistance, but neither side was broken. Aside from the idea that “on Friday, looking at an increase in volume, the move that followed was consolidation,” the rest of the trend is basically in line with expectations. Last week totaled 11,000 points. At the end of last week, I said that hesitation is meaningless—so a new week has started, and this week we continue to push higher.

First of all, at the beginning of this week, there will be a Bitcoin conference. In the past, during this period the trend has always been “down,” with not a single exception. This year, as the most promising year, the probability of breaking the curse is 58%. That’s still very promising. On the other hand, the situation in the Middle East is changing too quickly—one moment it’s a positive development, the next moment it’s negative—so it’s important to stay alert at all times. Looking at the trend structure, it is still within an upward channel. There has been no real breakout upward, and the pullbacks have not broken below the prior lows. And that upward channel is a strong structure—until it is broken, the chances of continuing to move higher with bullish candles are greater than the chances of dropping. Looking at the 3-day and 5-day lines, both are from the lower Bollinger Band to the area near the upper band. So for the weekly chart as well, there is a fairly high possibility of moving toward the upper band. This week’s expectation is around 8.8. The key points to watch are the 80,000 whole-number level, as well as the resistance levels at 815 and 835. #加密市场行情震荡