The market has never been a formula from textbooks, but a furnace that tempers the soul and sharpens the heart. The journey of trading is long and arduous, much like navigating through dark currents at night. The more thorns there are along the path, the more one must measure the unknown with each step. Every broken cocoon quietly settles into a stepping stone for ascent over time.

The weekly candle of Bitcoin closes with a bullish engulfing pattern, continuing to look for high-level adjustments. Today's monthly closing battle is underway, with the monthly line continuing to explore high points before closing lower. There are repeated attempts to reach new highs followed by pullbacks, and the local adjustments have not yet concluded. The price has retraced multiple times around 108500. On the daily level, the upper band of the Bollinger Bands is starting to contract. Currently, the price is still at the upper range, and the early morning strategy can still be attempted. On the 4-hour level, the MACD histogram is showing a continuous contraction in upward momentum. Although it is currently positive, it is further weakening, indicating a decrease in bullish momentum in the short term.

The resistance at the level of 108500-108800 remains strong. In the short term, we will first look for the breakout situation at the level of 107500-107000, and if it breaks down, we will look towards 106300. On the other hand, for the Ayi side, we are still looking at the level of 2460 for a breakout, and if it breaks, we will look towards 2400.