After several discussions about false breakouts, the real breakout has finally arrived, and many have been caught off guard this time. 😰
However, a false breakout does not necessarily lead to an immediate bearish trend; it may also return to a consolidation zone — as long as Bitcoin holds the 100,000 mark, there may still be slight upward movement if favorable conditions arise. It's just that the overall situation is nearing its peak; it's enough to catch the body of the fish, and the tail end of the market poses significant risks and can be abandoned.
In the short term, the consolidation area near 100,000 is a key support level. If it is not broken, the trend remains unchanged. Once it is lost, it may trigger a volatile downward movement.
The next bottom is expected to appear in the summer off-season of July-August. I hope the market trend can evolve as anticipated.~
