From the daily chart of BTC, it shows a steady step-up structure, with long positions' momentum continuing to be released. Since the bottom started to rebound, the price has gradually broken through key middle band resistance, and the overall trend is strong. In the short term, it is essential to closely observe the breakout strength of 120000; if it successfully holds above, it is expected to open a new round of rising space. From a medium to long-term perspective, this round of pump has the potential to create new highs, and the trend direction is clear. Firmly adopt the pullback go long strategy to seize the opportunity for trend continuation.