$BTC

The accuracy of the cloud chart is beyond doubt; be more resolute at the bottom, as a rise is inevitable. The strong resistance level is near the tunnel, roughly between 109000-110000.

If it can break through the upper track of the tunnel later, it may usher in a significant wave of market activity. Of course, many people are bearish, but with the system behaving this way, I can't be bearish, at least not this year.

However, currently, it's a wave trend; at the top of the cloud chart's daily line, one should reduce positions or liquidate for risk avoidance.