The resistance level is probably the most important indicator. Right now, even though $BTC has accumulated a lot of contract and spot funds and made it onto the AI opportunity list, as long as it hits a major resistance level, there will quickly be a big pullback, possibly even dropping off the opportunity list. Another reason is that the current market liquidity has shrunk by at least 80% compared to 2024, and by more than 95% compared to 2023. When liquidity is extremely low, there will be significant volatility. This volatility doesn’t necessarily mean it will go down—it could also move upward.