$BTC

From the daily perspective, after each significant surge,

there is always a period of consolidation to return to the 20EMA.

Due to a lack of sufficient liquidity and fuel,

we expect to see sideways fluctuations here.

Sideways movement to return to the 20EMA would prove that there is still potential for continued upward movement.

Here, I believe the best scenario is:

A pullback to around 10700,

followed by a continued ascent to the previous high.

If we hit resistance at the previous high, we will experience a daily-level pullback.

But there's no need to worry; this is a good and healthy pullback.

If it indeed plays out this way, it means its target could be higher,

for example, 120000 or even 130000.