The previous round of rising momentum faced resistance at the 99,600 point level and entered a phase of adjustment and consolidation. After repeated testing, the price ultimately built up strength and surged again, successfully breaking through key obstacles. Today's significant increase not only effortlessly crossed the 10,000 mark but also broke through the 4,000 point barrier, making it quite remarkable. As I predicted earlier, Bitcoin is expected to challenge the important threshold of 100,000 USD, and this strong upward trend undoubtedly confirms that judgment. The slight pullback at the beginning of this week is merely a common and normal rest in the bull market process, and the overall trend remains healthily upward.

From a technical perspective, this round of bull market continues the trend characteristic of unilateral upward movement. The adjustment that appeared after failing to reach the 100,000 mark all at once is just a natural market correction, with the price consistently maintaining strong support above the medium-term moving averages, completing the necessary accumulation of strength. Now, bullish forces have regained dominance, and the significant surge further indicates the weakness of bearish forces, with limited pullback pressure. From the hourly chart, it can be seen that after effectively holding the support at 101,500 points during the afternoon session, it quickly surged, demonstrating the strong momentum of continued market ascent. Overall, this round of the bull market still has considerable upside potential, with the medium-term target range aimed at 110,000 to 120,000 USD; in the short term, the area around 105,000 points may become a new focal point.

The following operational suggestions are made:

Bitcoin can be appropriately accumulated in the 102,500-102,300 range, targeting around 104,000.

Ethereum can be entered into long positions near 3,890-3,880, aiming to challenge the 4,000 mark.