Bitcoin is still fluctuating at a high level of 100,000 to 110,000, and it is estimated that it will not break out of the trend market for a while.

The key position below is 100,000. If it holds, then 100,000 will be the short-term bottom. If it does not hold, then attention should be paid to the risk, as failing to hold 100,000 poses a double top risk.

The key position above is the previous high, and a breakthrough will start a new round of increase.