We need to be cautious about the upcoming market.
Bitcoin has reached the previous high of 100,000, achieving our earlier target. This is the neckline of the W bottom, which has significant resistance.
In terms of contracts, I don't want to bet that it will definitely break through, so a more stable operation would be to take profits on the long position now, lock in profits, and then observe. If Bitcoin can truly break and hold above 100,000, I will choose to trade on the right side, re-enter, and add to my position in line with the trend.
If it doesn't break through, it will form a double top and will likely pull back significantly, allowing us to enter at a lower price and greatly reducing risk.
