Liu Sheng: It could have been a good opportunity to watch a segment of high peaks, but the Asian market has been oscillating and rising from the low point, with moving averages turning upwards, the price standing above MA20 and approaching the upper Bollinger band, indicating a short-term emotional recovery; however, the upper level around 5000 is a pressure point due to previous dense transactions and a round number, making it unwise to chase high prices.

If the price pulls back to the 4970-4960 range without breaking and stabilizes, consider taking a light position for a short-term long view towards 4995-5005; if it encounters resistance near 5000 and shows a volume stagnation in price increase, then pay attention to the opportunity to short during a high-level pullback towards 4975-4955. In the afternoon, it is likely to oscillate around the 4970-5000 range, so avoid chasing orders. $BTC $XAU

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