I believe many people will think this wave is a short-selling operation. The daily line has been rising, but the MACD has shown a divergence pattern. I remember this phenomenon also occurred in October, but back then it hadn't broken the new high. At that time, the market makers were doing their utmost to force the bears above and were continuously testing the upper pressure and consensus. Now that such a situation has arisen, it is indeed difficult for me to predict whether it will rise or fall. To quote a popular blogger, in the past month or so, Bitcoin has been advancing three steps and retreating one step. The daily line has just broken through the central point and is retracing without breaking it. Moreover, the daily moving averages have hardly been pressured downwards, showing a pattern that suggests an upward breakout after a flag formation, with the upcoming resistance to watch at 108333. The daily turbo indicators show an upward divergence pattern. The pressure above Bitcoin is looking at the reactions around 112000 and 112500. Yesterday, I immediately alerted everyone to the important support at 103400. I also mentioned this morning that 103020 and 103360 are still a basis for judging the strength of the trend.