$BTC 12 has broken, but it cannot stand firmly. So, does it count as broken? It has been tested twice in a row, but it hasn't been able to stand. If it tests again, the likelihood of standing is very high. And the break point is only 300 points. For the integer barrier, it does not count as a formal break, but rather a false break. Currently, there is an expectation for a pullback in the smaller timeframe. In the larger timeframe, the upper Bollinger Band is still extending upwards, providing room for release, but to go up, it must firmly stand above the 12 barrier. At the moment, there is still space below, and the recent back-and-forth movement has become the norm. According to the wave pattern, the ⑤ wave may end early, which could lead to a drop. If the pullback during the day is strong, then expect to go below 11. A unilateral opening will either happen at the end of this week or next week at ①. Overall, one can lightly engage in the market. Pay attention to the resistance at 120300 and 120800. Short-term level at 108200. Swing level at 116700. Long-term level around 109500. #BTC