Bitcoin breaks through the 100,000 mark, what’s next?

Currently, external factors have a significant impact, such as the Israel-Palestine conflict, the U.S. entering the war, and the potential Trump tariff war. However, looking beyond the surface to understand the essence, the current drastic decline, especially in altcoins, mainly stems from what has been repeatedly stated: there is no money in the market, no liquidity; therefore, any slight movement causes a sharp drop, and even in a stable environment, prices cannot rise significantly.

From a technical perspective, after Bitcoin's weekly chart broke below the consolidation range, breaking the 100,000 mark may just be the beginning. The current rebound is mainly due to buy orders pre-placed near 100,000 pushing the price up. There may be contention around the 100,000 mark, but the subsequent trend is still leaning bearish. The technical pattern for ETH is even worse; after five consecutive weeks of long upper shadows on the weekly chart, it has broken down, giving a sense of a storm brewing. Breaking below the 2000 mark seems inevitable.