Bitcoin's recent performance has been extremely strong, with almost no significant corrections, which highly aligns with the manipulation style of the 'dog dealers.' The entire pump technique is straightforward and efficient, without any unnecessary delays.
From a technical perspective, the hourly chart currently shows an ascending triangle pattern. As long as the lower trend line is not broken, the overall bullish situation remains intact.
In the short term, as long as the two key support levels of 105000 and 1045000 can be maintained, the price will not drop below 100000.
Moreover, Bitcoin has once again set a new historical high today, just a step away from 109000. I wonder if everyone has noticed that almost every time there is a pullback of 1500 to 2000 points during trading, it is a great opportunity to go long. In my view, shorting is like walking on thin ice, with extremely high risks. It's much better to wait for a pullback to go long. Moving forward, I believe the overall trend will still aim to test the 109000 to 110000 range.