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The key point for Bitcoin is whether it can effectively break through and hold steady above the 945 level. This is not a randomly chosen position — since mid-November last year, it has been tested multiple times, each time showing strong resistance.
The core factor determining whether it can break through is one word: volume. If the price moves upward with a significant increase in trading volume, forming a volume-backed breakout, then the upward potential is truly unlocked, and the target could be 980. But if the price approaches this area and starts to weaken, with volume not keeping up, it’s likely to be blocked and retreat to test the support line at 905-910.
How to operate specifically? First, avoid chasing highs, and definitely don’t be the last bag-holder. If you have short positions built in the selling pressure zone of 936-940, you can hold onto them, and after the price retraces, close the shorts and look for opportunities to go long. If the market truly breaks through 945 and stabilizes above this level, the bullish channel will be fully opened, and the next target naturally points to 980.