Although Bitcoin has recently succeeded in breaking through a key resistance level, this does not mean that a bull run has fully begun; it is more like a signal for the opening of the market. Market experience shows that after a price breakthrough, there is usually a retracement process, and this stage will become crucial for verifying the validity of the breakout.

In the current market structure, if Bitcoin can maintain price stability in backtesting, the likelihood of challenging the previous highs or even accelerating the rally will increase significantly. At this stage, the long-short game range is actually a real test of market confidence: if the price can stabilize after backtesting, it can be regarded as a confirmation signal of the rise, and the bullish sentiment of the market will be strengthened; On the contrary, if the backtest fails to hold the breakout level, it may be judged as a false breakout, and long investors will face an unfavorable situation.

At this time, it is particularly important to remain rational and observant. A truly sustainable market trend requires time to validate. Investment decisions should be based on a comprehensive analysis of technical and fundamental factors, rather than emotional reactions brought about by short-term price fluctuations.