Click on the link to enter Tencent Meeting Live: https://meeting.tencent.com/p/9850662513 Good evening,everyone! I am your Da Bin teacher! The fluctuations during the day on Monday were not significant, as we discussed over the weekend. Today's biggest event is still the trade negotiations between China and the United States. Good progress has been made on the first day, with China opening up some of its rare earth export resources and Trump authorizing the relaxation of export restrictions on key technologies. Although the final results have not yet been announced, the market has given a positive response and negotiations will continue tomorrow. The dispute between Sichuan and Malaysia seems to have ended on Monday. Musk and Trump are not entangled in the struggle between two people, but things should not be so simple. Although the Trump Ma issue seems to have been resolved, Trump has encountered new problems as his attitude towards illegal immigration has led to protests in Los Angeles. Trump directly ordered the National Guard to suppress the protests and arrested many people. The mayor of Los Angeles and the governor of California both feel that Trump is making a big deal out of it, especially when calling on the National Guard without the governor's consent, which led to the governor filing a lawsuit against Trump. Moreover, the California Attorney General has also filed a lawsuit against the federal government, and Trump's counterattack is to arrest the governor. Indeed, Trump remains the most uncertain factor. Currently, this turmoil has not yet affected the market. BTC and the US stock market are doing well, and even Tesla, which was downgraded, has returned to above $300. Investors' sentiment is still influenced by the expected progress of China and the US. Looking back at the data of BTC, although the price has broken above 108000, the turnover rate has not increased significantly, and even the trading volume has not increased significantly. This is consistent with what we mentioned before. The main factor that brings about the price increase is not the increase in purchasing power, but the decrease in selling investors. In fact, from today's stock on the exchange, it can be seen that most investors still expect BTC to have a good future trend. The current support level has not changed, and the range of $93000 to $98000 is still the best support level. Even if the price of BTC continues to rise, it has not caused these investors to leave. As long as there is not much movement from investors at this position, it is difficult for BTC prices to suffer large-scale selling without bearish sentiment. The 1-hour cycle K-line shows that the price has formed a top pattern around 110000, and the KDJ death cross further confirms the possibility of a short-term correction. Based on the distribution data of chips, the current price is approaching the maximum trading volume support level of 105552. If it falls below this support level, the risk of exploring the low volume LVN area will increase. Although the trading volume has fallen by 21.82% in the short term, the double moving averages of EMA24 and EMA52 still show a bullish trend, indicating that the medium to long term trend has not changed. Suggest paying attention to the gains and losses of 110000, as well as the changes in the K-line shape near the support level. Immediately enter the live broadcast room and accurately grasp the main trend! Operation suggestion: BTC 108000 long. First target: 109500. Second target: 110500 ETH 2620 long. First target is 2680. Second target is 2750 Join the language community communication group to obtain more services 1. Real time troubleshooting (online one-on-one question answering and sorting) 2. Professional technical analysis and theoretical learning 3. Construction and improvement of trading system- 4. Live streaming courses every day, contract termination, real-time order making, to help you successfully land! Every day, there are teachers in the group who provide precise positioning to answer questions and offer free guidance. Tencent Meeting Live: 985-066-2513 DingTalk Group Number: 120320009032 Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.