#比特币走势观察

Bitcoin has returned above the trend, and early Tuesday morning, the price of Bitcoin dropped to a low of 9.15 before stopping its decline and rebounding, forming a low point signal, confirming the C wave. The market then fluctuated and rebounded, with prices returning above the trend on Friday.

After the weekend's developments, Bitcoin briefly touched 9.9, and Ethereum was also close to 3700, indicating a strong market trend. However, the market has not been able to break through the 100,000 mark, with multiple high point signals appearing around 9.8, but no significant pullback was observed over the weekend; Ethereum also showed high point signals. In this regard, I still hold the view that 'small high points are nothing to fear, short-term adjustments do not affect the upward trend.' Both Bitcoin and Ethereum have returned above the trend, indicating that there is still upward potential in the market, and the impact of small cycle high points on the large cycle trend is limited.

Currently, 100,000 is the first key resistance level, and Bitcoin may be pressured below 100,000, only hoping to reach the 100,000 or 102.5 direction after breaking the current high point. This week, we need to observe whether the market can see a rally; if it can, it indicates that we are still in an upward cycle; if a large cycle high point signal appears around 100,000 and is blocked and falls back, we need to be cautious of the end of the rebound and the possibility of facing an adjustment.