Another week has passed, and this week will surely be a week for the history books in the crypto market. Bitcoin's explosive rise past the key level of 100,000 has brought unprecedented celebration to the crypto market. However, as everyone was caught up in the celebration, the price suddenly dropped dramatically by tens of thousands of points. This week, operations were almost flawless, sailing smoothly all the way, perfectly grasping the gains before clearing positions and unexpectedly escaping this plunge without any damage. Although luck played a significant role, the main reasons for this highlight moment were experience, keen judgment, and the unity of knowledge and action among fans!

After several attempts to break the 100,000 mark, the price of Bitcoin has significantly retraced, and the market sentiment has clearly been washed out. Several waves of thousands of points of washing have temporarily brought the market back to calm. As Trump's inauguration approaches, and with Trump appointing cryptocurrency advocate Paul Atkins as the chairman of the SEC, along with the impending interest rate cuts in December, recent continuous buying by institutions, and the ongoing inflow of ETFs, a series of positive factors will provide strong momentum for Bitcoin to reach new heights. The upward potential for Bitcoin remains promising.

In the short term, it continues to maintain a fluctuating rhythm. However, it is worth noting that after several consecutive ups and downs, the daily line has closed positively, and the price remains above the middle track of the daily line. The return to a strong rhythm will inevitably bring about continuous movements. Even during this weekend, when liquidity is relatively low, Bitcoin's price is still attempting to push above 100,000. Currently, although there has been a slight pullback, the space is very small. As the weekend comes to a close, there is a high probability of a strong move in the evening time frame. The key position below remains around 98,000. In the short term, pay attention to the short-term resistance at 101,500. If it breaks through again, the price is expected to refresh its historical high. Conversely, it may continue to maintain a fluctuating cycle. In short-term operations, temporarily focus on high selling and low buying around the range, referencing 101,500 for high selling and 98,000 for low buying, while keeping the middle position unchanged.

Ethereum hovers around the 4,000 mark; stabilizing means reaching 4,600! First, look for a short-term pullback before the oscillating range! Resistance at 4,050, support at 3,860! Short first, then buy!