#余币宝年化收益破24%#

Bitcoin has been consolidating around the 118,000 level for two weeks, and this morning it broke through the 119,000 level, reaching a high of 119,705 USD. According to the current market conditions, the four-hour level shows a fluctuating upward trend. Although there has been some pullback from the bears, the force is not significant. The price is currently approaching the upper band of the Bollinger Bands, with bullish momentum continuing to diverge. From the one-hour level, the market has formed a series of consecutive bullish candles that have broken through the upper band of the Bollinger Bands. The MACD indicator's fast and slow lines have formed a golden cross, and the indicator values have returned to the positive range. However, the J value in the KDJ indicator appears to be turning downward from the overbought zone, and the long upper shadow above the current bullish candlestick indicates a risk of pullback in the short term. Therefore, for Monday's operations, we will consider a low buy approach after the pullback.