There is an old saying in the market: "Breaking the mountain's bandits is easy, breaking the ones in your heart is hard."

Recently, the enthusiasm in the gold circle remains high, with major central banks increasing their gold holdings one after another, and positive news from official sources continuously bombarding the market. Expectations of Fed rate cuts are also fermenting, all of which have become fuel to push up gold prices. But this is precisely the time to stay alert—when market voices are highly aligned and consensus reaches extremes, the market often moves in the opposite direction. Ultimately, market battles are a test of human nature.

Back to the technical aspect of crypto assets. The overall framework of BTC has not changed, and the short-term structure remains intact. From the monthly chart, there is still a high probability of a doji candle. Although on the weekly chart, the price has already broken above the 90,000 level and the K-line is above the MA7, the previous candle's close was not ideal—a small bearish candle with a clear upper shadow, indicating resistance above.

The daily chart provides more valuable reference. The K-line has always been within a large box, and since breaking above the BOLL middle band and MA60, each correction has not broken through these two key lines in real body. This means that the middle band and MA60 near these levels have become effective support zones, and short-term positions can be arranged around here for long.

A special reminder: do not expect a strong bullish candle to directly break through 100,000 in the short term. The real critical boundary is the bottom of the upward trendline that has yet to be tested, and this hurdle still requires time to verify.