In the early morning, the price of Bitcoin has once again risen, returning to the high point of 100,000. Looking back at the past few days, the market experienced a round of pullback adjustments. I have always emphasized the viewpoint that even though 103,000 may become a recent peak, according to market rules, there is a high probability that a 'double top' pattern will emerge, providing retail investors with ample opportunity to exit. At this moment, the price of Bitcoin has unknowingly approached the key level of 103,000 once again. Whether it will form a double top pattern or successfully break through upward will become a key time window in the next couple of days, with the market's attention focused here to see if it can firmly establish itself above this key level.

If the price is obstructed at its current position and fails to break upward, then according to technical analysis and market trends, a round of pullback may unfold next, and the price might fall back to around 96,000. Conversely, if it can successfully break through the resistance level of 103,000, then the next target will be in the range of 120,000 to 150,000. However, it needs to be clarified that as the price of Bitcoin continues to rise, technical indicators also show that the market is only undergoing a new round of volatility cycles. The closer it gets to the high point, the greater the hidden risks behind it, so it is important to operate cautiously with every investment decision.

However, from a long-term investment perspective, the situation is somewhat different, as it can relatively downplay short-term volatility risks. If the investment period is extended to May and June of next year, within this longer time frame, the market may yield unexpectedly generous returns. In light of this, investors can start to prepare and strategize in advance. It is worth mentioning that in the primary market, the highly anticipated pet dog coin Marvin, which is close to Musk, has already attracted the interest of professional institutions, and various signs indicate that it is very likely to bring huge surprises and opportunities to the market next year, warranting close attention and in-depth research from a broad range of investors, as early positioning may seize the initiative in future market waves.