The position of Bitcoin can be seen as a double top, similar to the trend from 2021 to 2022. It can also be seen as the bull market is about to come, with prices rising to at least 110,000 - 120,000, or even higher. The current position is at the boundary between bulls and bears, with the upper side indicating a bull market for altcoins, and the lower side possibly leading to another pullback. The US stock market is hitting new highs, Bitcoin is reaching new highs, gold is retreating, and with China's tariff delays of 90 days, Japan temporarily not raising interest rates, and the US having full expectations for interest rate cuts, retail investors have enough fear of heights. There is indeed an environment for a bull market. Tonight's CPI data has already come out, and I have no desire to even look at it; everyone is immune to such data now, and it's just about fluctuations, trying to trap both short and long positions. A major bull market is definitely on the horizon, as Ethereum is still at the bottom, and VC altcoins are also at the bottom. Whether there will be a second pullback is something very difficult to determine.