$BTC

The daily chart shows a long bullish candle, with a relatively long body and shorter upper and lower shadows. The trading volume has decreased by about one-third compared to the previous day, maintaining an upward consolidation trend. The MA30 line continues to rise, and the MACD shows weakening bearish momentum above the zero line, with the fast line starting to turn upwards. If a long bullish candle appears subsequently with stable trading volume, it may form an 'air refueling' pattern, driving the price further up.

The adjustment period for Bitcoin has been shorter and stronger than expected, with continuous inflow of ETF funds and institutions remaining bullish on it. Yesterday, the price rebounded after a second test of the MA30, moving upwards with limited impact from CPI data. During U.S. stock trading hours, the price broke through the $100,000 mark. We expect the price to fluctuate around $100,000, cleansing short-term profit-takers and leverage, and once it stabilizes at this level, the target will be $150,000.