From the overall trend, the current structure of $BTC is still relatively strong, and the daily upward trend has not been broken. There is a high probability that there will be at least one more upward movement at the daily or even weekly level. The current adjustment appears more like a consolidation for accumulating strength for the next rally.

In terms of rhythm, as long as the pullback does not break below the key support level (for example, the 108K-110K range), it can be seen as an opportunity to add positions, especially the longer the consolidation lasts, the stronger the subsequent breakout will be. The next target to focus on is around 140,000; when it reaches this level, it may experience a period of consolidation or a rise followed by a fall, and then we can consider whether it has peaked.