1.2 The narrow fluctuation and subsequent surge this morning basically initiated a small upward trend, once again thwarting the bearish tendency of a drop to 80-70k. After BTC broke 97,200 and then 97,700 during the US trading session last night, the pressure turned to support, essentially confirming a reversal. Approaching 98,800, it is just one step away from 100k! If it stabilizes above 98,200, it will challenge 100k.

Last night, the BTC market was confirmed to have reversed, and in the next two weeks, it will resonate with altcoins, rising and falling in sync. Therefore, the altcoin season is coming, or rather, it is already on its way.

Long positions should continue to be held, taking profits in batches. At each resistance point, if profits are taken, buy back the same amount during the 15 or 30-minute pullbacks.

Currently, the pullback is minimal; it's difficult to catch the buyback points according to the Fibonacci sequence, so one can only look for entry points within the 15, 30-minute, and 1-hour adjustment cycles.

There is temporarily no top divergence on the 4H level, so do not short. Or, if holding a short position, control it to a minimum, and after 1.20, look for opportunities to take profits during the subsequent fluctuations.