4.25: Bitcoin's Real Surge, Accurately Grasping the Direction

Currently, there are still many people bearish on Bitcoin's trend. They believe this is merely a rebound within the downward channel. Perhaps due to fear from previous declines, the price continues to be perceived as too high after the surge. In fact, we can understand this from the pattern alone. The price has been very stable during the upward process, not a rapid surge, but rather a steady absorption of order books. Moreover, after a rise of 10,000 USD, a horizontal zone formed at 94,500 points. We can consider this area as a stepping stone. If it breaks through this step and continues to rise, it means the price will keep advancing like going up stairs, rather than being a trap for buyers. Currently, Bitcoin has taken this stance, indicating that the price will move towards 100,000 USD, lingering near the previous high for a while before breaking through to open new space. Everyone should continue to maintain a focus on long positions, abandon attempts at short positions, and hold onto spot assets. $BTC