Recently, BTC has been continuously fluctuating within a high range, quickly bouncing back after multiple retests of minor support levels, demonstrating that buying pressure remains strong. The price is once again approaching a short-term new high area, and from the technical indicators, the market has certain breakthrough momentum.
If it can successfully break through and stabilize above, Bitcoin is expected to initiate a new upward trend, further targeting higher levels. Conversely, if the price falls below the critical psychological support level of $100,000 again, it may trigger a larger adjustment.
However, based on the current structure and market sentiment, the probability of a breakthrough seems relatively higher, and short-term investors should closely monitor the price performance in key resistance areas.