The area above 110,000 is a major top region. Currently, it has completed the Elliott Wave Theory and an extended wave, and is starting a pullback. There are two possible scenarios: one is that after a pullback, it consolidates and continues to fall, beginning a major pullback that breaks below 100,000; the other is that after high-level consolidation, it gathers strength to break through again, attracting many people to chase the price. However, after breaking above 111,000, if the price cannot create a significant height difference, it will ultimately result in a false breakout. This will initiate a pattern similar to the end of the 2021 bull run, with high-level divergence and a false breakout forming a solid signal of a top. Therefore, the old hunter's view is clear: the probability that the area above 110,000 will still be a major top region in the medium term is extremely high. This view only represents the current perspective and does not constitute trading guidance. #成长值抽奖，赢 iPhone 16 和精美周边 #近期新币推荐 #BTC行情分析