Breaking 110,000 should be a matter for next year.

On Saturday, the square still saw quite a few people saying they would buy to fill the gap at 780-750. I don't know what their basis is, and I haven't seen those people enter. Is it the confidence given by the 'Explosion Brother'? If it drops, look for 70,000; if it rises, look for 150,000. I believe the extreme retest level of 880 won't be reached.

Since the beginning of this month, after Bitcoin broke through the 100,000 mark, it has not fallen below 90,000 after three plunges. I don't know if everyone remembers that when it was close to 100,000, everyone was looking for a breakout at that level. As a result, there was a wave of plunge that wore down many people's determination to see 100,000, but in the end, it still broke through. Now, with 110,000 similar to before, a plunge occurs as we approach it, possibly just to clean out some long positions and wear down some people's bullish determination. The effect is also very obvious, as many people have changed to bearish positions. It may indeed not be so easy to break through 110,000, but I believe it will reach that point. I also believe Bitcoin will fall, but I think that will be next year; for now, let's focus on the present.

Last night we mentioned that if it breaks the 98,300 level, then the rise will have continuity, and at least it will touch above 99,000. We can see that currently, after alternating between a bearish and bullish candle on the four-hour chart, there is a warming trend. After breaking 98,300, the downward trend will not be strong anymore. The daily line also closed with a long lower shadow and started to turn bullish, indicating that the bullish momentum is weakening. The highest it has reached is 98,800. Therefore, today I will choose to look for a position below to re-enter a long position. In the short term, it will probably oscillate and correct, without major breakthroughs. Including today being the weekend, if we can see a 2,000-point market movement, that would be quite good. So don't overthink it. For entry reference, consider entering a long position at 97,600, with a target of 99,000. A breakthrough will take us back up to the 100,000 mark.

Tonight's live stream, I will talk with everyone about how to find entry points every day and my views on the future market. If you have positions that are stuck, we can also discuss that together and see if the cloud path system can help you.