$BTC
If we look at the current price of Bitcoin, it is not hard to realize that Bitcoin is currently in phase A. The characteristic of phase A is a relatively long duration and significant price fluctuations. These characteristics fully align with the current price trend of Bitcoin.
So we can conclude that although the current price of Bitcoin has not experienced a significant increase, if in the future there is a rise to phase B, then no matter how high the current price of Bitcoin is, after phase B emerges, that price will actually become the lowest price in the future. This can be seen from the price pattern of phase A Bitcoin in the past and this conclusion is not hard to reach.
So right now we are faced with 2 choices. On one hand, even though the current price of Bitcoin is in phase A, due to its proximity to the strong pressure at 110,000, this means that if in the future Bitcoin successfully breaks through 110,000, it will enter phase B.