From the current trend of the big pie market, the bullish trend is still strongly dominant, and investors should avoid going against the trend. Through a deep analysis of the K-line patterns, it can be found that during its pullback process, it has always adhered to key support levels, with each round of retracement not breaking below the previous low, and the highs continuing to rise. This typical upward channel pattern of 'higher lows and new highs' strongly supports the continuity of bullish momentum.
Under the current market structure, the conditions for a reversal of the bearish trend are far from mature, and a fundamental shift in the balance of forces between bulls and bears is unlikely to occur in the short term. Future attention should focus on the key resistance level of 105000 above; if it can achieve an effective breakthrough and stabilize, it will open up further upward space for the coin price, with the next target level looking towards the 107000 mark.
