At this stage, Bitcoin has broken through the resistance level and is now around 100,500. If it can stabilize, it is very likely to soar directly next. However, if it cannot stabilize and falls below 100,000, this would be a typical behavior of market manipulators.
In the past two days, without adding to short positions, the stop-loss price is around 110,000. If a stop-loss is triggered tonight, please do not operate recklessly; both long and short positions are not suitable since we do not know if the market will continue to reach new highs or experience a waterfall decline for a correction.
Bitcoin is about to enter a densely traded area at new highs, which is where the most trapped positions are located, and also where the upward pressure is the greatest. If it breaks through strongly, it can only be said that the previously trapped positions have been largely stopped out or harvested. After all, the two dips around 75,000 have been enough to make trapped positions desperate.