Bitcoin has made a strong advance today, reaching a high of $102,277, successfully breaking through the $100,000 milestone, confirming the mid-term rebound structure projected from $87,000 and $94,000 to $100,000 and beyond. This round of increase indicates that bullish momentum remains strong.
$100,000, as an important psychological and technical threshold, has been effectively broken, and it is expected to further trigger market fluctuations. If the price can maintain above $100K, it will create favorable conditions to continue challenging the structural resistance area at $106,000.
In the short term, if Bitcoin experiences profit-taking pressure after breaking through key levels, it is recommended to pay attention to the support strength in the $96,000 to $98,000 range, as this may be a potential opportunity for a pullback and stabilization.
The overall structure still leans towards bullish extension; after breaking through $102K, $106,000 will become the next key observation target.
