On May 9, $BTC BTC broke through the psychological threshold of $100,000 in the early morning and continued to rise, reaching a daily high of $104,253, with a daily increase of 3.46%, setting a new high in three months. The current price remains stable in the range of $103,000-$104,000, with a 24-hour trading volume exceeding $120 billion, indicating an active market.

2. Technical Pattern Breakthrough

◦ Daily Level: Consecutive days of positive closing, moving averages in a bullish arrangement, MACD showing a second golden cross above the zero line, RSI (14) rising to 78.5, approaching the overbought area but showing no divergence signals.

◦ Weekly Level: Breaking through the long-term consolidation range of $98,000-$100,000. If it stabilizes above $100,000, the next target points to the historical resistance zone of $110,000-$120,000.