BTC has broken through the previous high and has completed the path of June and July, everyone still needs to be cautious. At this time, altcoins can take advantage of a surge and make some gains, but it’s best to take profit when it's good. In this world, the market makers often strike hard when everyone lets their guard down and is exuberantly celebrating.

Currently, from a daily perspective, there has been a consecutive two-day volume increase, and BTC may still have momentum to continue rising, with the MACD showing a golden cross upwards. After breaking through the previous high, there is no resistance above, but don’t chase the price up. I wouldn't dare to do that. However, the bullish pattern still allows for some downward wicks, and a collapse should be unlikely. The support below is at 100,000.

On the four-hour level, there is a consolidation at a high position, but the MACD is about to show a dead cross, indicating a short-term downward trend. Do not go long at this price level; if you dare, short at 112,500 with a stop loss around 113,000 and take profit near 106,000.

From the sentiment indicator perspective, it is at 78, about to enter the extreme risk zone. Do not chase BTC up, but consider opening short positions. As for altcoins, if they do not surge within 2-3 days, it is primarily about buying on dips. However, do not be too greedy. If you’ve made a profit, it’s best to run; it might be a tail-end market, so caution is still advised.

Risks often arise quietly; during times of celebration and frenzy, we must be particularly careful. In the spot market, it is also okay to exit at this time. Money can be earned endlessly, but it can also be lost completely.