The BTC price remains within an upward channel, with a short-term breakthrough of the historical high expected again. The price has reached the upper edge of the pressure zone; currently, the upward momentum is still strong. We can consider entering a long position after a small-level pullback for a potential breakout.
It is expected to enter long positions at a price between 104000-104500, leaving a position for additional buying. The upper target is at least above the new high, which is also very cost-effective. Once it breaks through, it will accelerate upward again.
