Although the support below is holding, none of the several resistances above have been broken. If it cannot break through, it still cannot be judged as an upward trend. If it is a bull market, either wait for a breakthrough and then buy on the pullback, or buy near the support level.

It's also reasonable to short at this position; the stop-loss point is 500 points above the resistance level of 1068. However, this position is an important node for trend line changes and can be considered a key level. Touching the 100,000 support threshold shows how obvious the main force's protection is, which may lead the bears to hesitate to enter the market because I also hesitate to enter. If it breaks through 1068, it is expected to be a long red path to $BTC .

So let's continue to watch, no need to rush into positions. Either wait for a breakthrough and pull back to buy, or buy at the support below.