Gold has hit ATH again and again! Will BTC still have a chance to create a new all-time high this year? Following my previous tweet, where I detailed the technical analysis of BTC— From the current perspective, once BTC drops to around 100K, it won’t just find support at the lower edge of the 4-hour downtrend channel mentioned in the last tweet. At the same time, as shown in the chart in this tweet, on BTC’s 2-day chart, we can clearly see the early formation of a bearish wedge. In other words, when the price touches the 100K area, there’s still a significant chance it will find effective support and end the short-to-medium-term downtrend. This year, there’s still a chance to create a new all-time high, but it also comes with the possibility of hitting another peak. Of course, we haven’t dropped to the 100K area yet. At this stage, we’re in a short-term price fluctuation and rebound phase. We still need to monitor short-term price movements closely to develop practical trading strategies. That said, for now, the price trend seems likely to align with my predictions, further supporting the conclusions from this tweet and the previous one.