A few days ago, BTC broke 120,000 and reached a new milestone. Yesterday, ETH soared independently, experiencing a crazy rise. Recently, news has been frequent, with the opposition between Huang Mao and Powell serving as the fuse for this upward movement. In terms of recent positioning, BTC is currently relatively stable. In the evening, there hasn't been a clear direction in the long wick candle movement. Intra-day short-term can look towards positioning, and try not to eat the pattern and leave.

From a technical analysis perspective, after a pullback and testing the bottom on the hourly level, BTC is currently in a short-term rising channel. It is not recommended to look down unless the trend line is broken. Although it cannot yet be determined if 123000 is the new beacon, those with a long-term layout can look for opportunities to go short, as there is no reason to avoid looking down from the peak. As long as the trend reverses, it's time to profit.

BTC trading suggestion: short-term target 119000, looking up to 121000. Stop loss at 118500.
For the swing, looking down around 120,000, the first target is 112,500.