The large pancake at #市场反弹迹象 is currently fluctuating around the support level of 98000. The market's expectation for BTC to break new highs in the short term, or even test 120000, is not high; most believe that BTC will continue to consolidate or decline again.
However, I believe that even if it declines, it is merely to accumulate strength for a rise. Currently, the support level at 92000 has been solidified, and the resistance level at 100000 has also been attempted multiple times without success. The battle between bulls and bears is quite intense; once a winner is determined in this epic showdown, it will likely lead to an extended market trend.