The Bitcoin market is once again experiencing a climax. After a period of fluctuation, the BTC price has climbed back to near previous highs, a trend that has surprised many investors. From a technical analysis perspective, the current market seems to display a complete harmonic bearish pattern. However, the actual market movements are often unexpected, and the current upward momentum is quite strong, as if a skyscraper rises from the ground.

Analysts predict that BTC may break through the 11,300 USD mark tonight, potentially creating a historical high. Is there a new market narrative driving this rapid rise? Investors need to stay vigilant and not easily short the market. Nevertheless, one should also be aware of the potential risk of short-term pullbacks.

In this highly fluctuating market environment, investors should remain calm, closely monitor market trends, and manage risks effectively. Whether bullish or bearish, cautious operation is necessary, as the market may experience severe shocks. The trends in the coming days will be a crucial moment to determine the short-term trend of BTC, and it is worth our continuous attention.