The recent upward trend of Bitcoin shows a clear pattern: whenever it breaks through important integer levels, there is a certain adjustment confirmation process.

For example: When it broke through 80,000, the price rose to 81,600, then retraced to around 78,888-78,666 to confirm support, before pushing further towards the 85,000-90,000 range. In this wave of increase, the area around 78,888 became a key bottoming point.

When the price first broke through 90,000, it reached 93,450 in the short term, then adjusted to 89,600, rebounded to 91,600, and then retraced again to 86,600 (market information on Friday, November 15, had some impact), before breaking through to the 95,000-99,000 range.

Now, Bitcoin has broken through 100,000 and briefly touched 104,600, with a rapid fluctuation of 10,000 points consuming half of it, and crossing two important resistance levels above 100,000. Therefore, there will likely be at least one retracement in the short term, with a target possibly around 101,600. In the past thirty thousand points, each time a new integer level was broken, the initial breakout was often more intense. If there is no sudden market information impact, today's rise is very likely to stabilize above the 100,000 level.