Bitcoin has broken through! What should we do next? Will it go to 140,000? Let me share my views.

As shown in Figure 1, Bitcoin's current breakout is characterized by rising price and volume. Short-term trading volume is increasing alongside the price, which is a very positive signal. So far, we have not seen any signs of decline; it may rise significantly and then naturally pull back to around 115,000 for support before continuing the bullish trend. However, we need to ensure that the MACD and trading volume keep up.

Having talked about the specifics, let's take a look at the overall picture. As indicated by marker 2, Bitcoin's trading volume has been continuously declining, down 70% compared to last year and down 50% compared to the past few months this year. The trading volume is weakening, and there are obviously fewer people trading coins. The current increase is not driven by strong buying pressure but rather by the lack of selling pressure, meaning that with very little selling, even a small amount of buying can lead to significant price increases. Trading is gradually becoming institutionalized, as institutions are long-term players and they don't sell.

In the short term, Bitcoin generally follows a pattern, as indicated by the yellow marker in the figure. After a sharp rise, there will typically be around a week of consolidation, with current support around 115,000.

Overall, after a short-term pullback, it may continue to rise a bit, but don’t expect too much of an increase. As mentioned earlier, the trading volume this time is much lower than in previous waves; reaching 125,000 would be quite good unless the trading volume continues to expand. We can discuss that later, as the market will change. Our small coin supplementary strategy is very effective; Pepe has already gained nearly 30% from 0.1 to 0.13. We are waiting for the next entry point.