Bitcoin recovered yesterday, but has temporarily not been able to surpass the 100,000 point threshold and has undergone a correction. So how should we respond next?

Bitcoin reached around 97,200, with weak upward momentum, and during the night it continued to surge past the new high to around 99,650, just one step away from hitting 100,000 points.

Technically, on the daily timeframe, it is still a strong upward trend, but on the 4-hour timeframe, the upward force is insufficient. Although it has increased by several thousand points from 90,000 to 92,000, currently the 4-hour timeframe still has the risk of a peak divergence, so special attention should be paid to the correction force here. The level of 96,500 must not be broken; if it is broken, it may adjust to around 93,000, making it more difficult to surpass 100,000.

100,000 is a round number threshold and a psychological pressure point. Once surpassed, it will quickly add another 2,000 to 3,000 points. Before breaking through, buyers need to accumulate strength.

During the day, first observe this correction. The Yang System advises paying attention to the short-term support around 97,500; if it breaks strongly, we will look at the level of 96,500. Regardless of whether it breaks or not, there will be a recovery. If it breaks strongly, watch around 95,000, then 93,000.

If it can stay above 96,500 over the last two days of the weekend, then 100,000 points will definitely be broken, and it will be very quick; the next target is around 102,000.

The Yang System mainly implements a buying strategy during corrections, only entering sell orders when there is a small divergence. 100,000 points is the short-term target.
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