Currently, the price of the currency has not been able to break through the 100,000 mark; last night it oscillated sideways for a while, and now the price is around 98,200, just one last push away from 100,000.
100,000 is a round number and a psychological pressure point; once it breaks through, it could quickly rise by two or three thousand points. Before the breakthrough, the bulls need to gather strength.
From a technical perspective, the daily and higher timeframes are still in a strong bullish trend, but currently, the 4-hour chart still has the risk of a top divergence, so special attention should be paid to the strength of any pullbacks here, and short-term support levels should be monitored.
Short-term support levels: 97,500-97,000
The market tends to move slowly over the weekend; it is recommended to focus on short-term trades, and enter on pullbacks, primarily based on the old Yu's stone plate roughness.