100500 this price

is the key price for determining BTC's trend

As long as BTC does not fall below this price of 100500, a significant correction will not come, and it will continue to rise thereafter. Once it falls below 100500, the correction will go down to around 94000, so 100500 is the key price. Why?

First of all, this price of 100500 is the price called out by Trump, and it is also the key support level that has pulled back from 105800 by 5000 USD. This position has not been broken, proving that the support at this price of 100500 is very strong. Additionally, 100500 is also the key support level at the middle track of the Bollinger Bands on the daily chart. Once this middle track is broken, there will be a deep correction. Since it has not been broken, the upward trend is still there!

Next, BTC is likely to follow an M top pattern on the weekly chart, but from where this M top will correct is currently uncertain and needs to be adjusted based on actual conditions!

Short-term operations are also relatively simple. Just like yesterday, I already had a user make a long position around 103000, and they have already gained over 3000 points, which is quite good. Now is also a good opportunity for short positions. Long positions can be made back and forth as long as it does not fall below 100500. You can lay out long positions around 102000 and short positions around 106500.