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Bitcoin's performance yesterday was indeed fierce, soaring from a low of 90,800 all the way up to 96,800, with a single-day increase of $6,000. If it can successfully break through the critical resistance at 98,000, the next psychological level is the round number of 100,000.
This rebound is quite significant. In the long term, the pattern of repeatedly oscillating within a certain range has finally been broken. However, it's not entirely smooth sailing—there were disruptions from CME gaps and various traps in the market. But overall, the breakout effort was in line with expectations, with no major surprises.
The issue is, if you want to wait for a more comfortable entry point, you might have to give up the opportunity of this rapid rise in the middle. It's a choice.
Currently, the market's FOMO atmosphere is quite strong. My approach is to wait until a small correction occurs within the 93,500-94,500 range before considering entering, as this would offer a better risk-reward ratio. How it unfolds specifically depends on the upcoming real trading performance. Once the pattern becomes clearer, I will share the entry timing.