8-4 BTC Morning Thoughts

The box range that was maintained for half a month was unexpectedly broken over the weekend. However, from the weekly K chart, we can see that the current K has already turned from bearish to bullish, and on the 4-hour level, we can also see that the upward trend is quite strong. Therefore, the direction we are looking at this week is upward. The target can directly aim for 125000. Those who are stuck with short positions must find a way to get out; they cannot hold on stubbornly, as there is still a chance now.

Intraday trading suggestion: Enter long positions at any price level, with the first target set at 116000. After returning to the range consolidation zone, you can patiently observe the trend. If it stabilizes and shows a continued upward trend, you can continue to enter without hesitation.
Buckle up and adopt the strategy of securing profits.