#BTC再创新高 The BTC hourly triangle has been broken, and the lower boundary of the triangle is now the BTC resistance level. Is it possible to short? Of course, shorting in front of the resistance level is fine, but if it recovers back inside the triangle, you need to set a stop loss. This is left-side trading, so you should use a Light Position.

If BTC returns to operate inside the triangle without breaking through, it will continue to consolidate within the triangle until it breaks out or falls below to determine the direction.
BTC can only break below the point 1 indicated by the white arrow below to create a lower low, and then you can continue to look down at the position circled in red. Before breaking the point 1, you cannot look down even a little.
And BTC has retraced to the position marked by the white box at 123273, receiving support. If it can hold, a W bottom will appear again in the chart. The prerequisite for forming a W bottom is to first recover inside the triangle, and then break through the triangle and the previous high of 126173 for the W bottom to be established. It's unclear how high it can go, as there is no resistance above; who knows how high it can rise? BTC breaks through 124050 with volume on the right side to chase long; if it drops below 123621 with volume and fails to recover, chase short on the right side. Make sure to set a stop loss.
BTC hourly level breaks and stands firm at 124359, looking up at 125419-125830, then it's the previous high.
The 4-hour level has broken below 123326, looking down at 122471-121554. Only breaking below 123326 can continue the fall. The BTC daily level Fibonacci has been drawn out; this wave of increase has perfectly reached the 1.618 position and even exceeded it a little, so it should be about done. If it continues to rise, there's nothing we can do to stop it!
The position marked by the white box on the daily chart of BTC has already closed with 6 consecutive bullish candles. If tomorrow's close is also bullish, it will form a 7-day bullish streak, commonly known as the "7 Stars Aligned". Are you all familiar with this term?
Have you all seen Uncle Ying's movies? When Uncle Ying is unable to defeat some powerful opponents, he uses this technique, and then he completely defeats his opponent. Just think about how terrifying this move is; it's a killer technique! Now it has come to BTC. If tomorrow's daily candlestick forms a bullish line with seven stars in a row, then let's continue to rise!