1. After the recent full-scale outbreak of altcoins in the past few days, the market is full of coins that have risen dozens of times, and ETC like xrp has also finished its performance. The market sentiment is already extremely greedy, much like March last year and May 21.

Many people's expectations are at 100,000, and it has already broken 100,000 today. Currently, almost all those who are buying BTC above 100,000 are high-leverage speculators, betting that Bitcoin can still pump up. There are hardly anyone willing to hoard 100,000 BTC anymore. Most importantly, 100,000 is already the limit for short positions. There are not many shorts daring to short anymore. Without shorts as fuel, it will be difficult for BTC to continue to break through.