The afternoon before the ceremony broke a new high, reaching $110,000. If the line above $100,000 does not stabilize soon, it may form a double top structure, and could subsequently fall back within the downward trend line to lower positions.

Around $95,000, it might even return to around the $90,000 mark.

Currently, the $106 mark is a very clear dividing line between bulls and bears, and we need to closely monitor this level.

At present, due to the lack of other information and the indicators not being particularly clear, U.S. stocks are closed tonight, and there is no new capital inflow into ETFs, with no large new coins held on the exchange, indicating that there are no major players bottom-fishing here.

Therefore, the strategies of major players remain relatively cautious, so we can only see if the current price level can stabilize.