BTC has been consolidating at the bottom for a month. Technically, the current pattern shows: a descending wedge has formed on the daily chart, with the price compressed within the 84,000-95,000 USDT range, and trading volume shrinking. An upward breakout is more probable, with upper resistance at 92,000-95,000 USDT and lower support around 84,000 USDT. A breakout above this key resistance zone could see a test of above 100,000 USDT, or even new highs. The technical outlook is strongly bullish; currently, it's in a "consolidation" phase, and a breakout would accelerate the upward momentum. The Fed's rate-cutting cycle continues, with further easing expected in Q1 2026. BTC ETF inflows are ongoing, and institutional accumulation is still underway. Risk appetite is recovering; if the stock market reaches new highs, BTC will see a simultaneous amplified rise. The macroeconomic environment provides "fuel" for a bull market, resonating with the technical factors. I am currently bullish and optimistic about the Q1 market. Any pullback in the next week would be a good entry point. However, be aware of the risks: if the price falls below $84,000, it may briefly retrace to $80,000, but this will not change the medium-term bullish trend. #OKX

The probability of reaching a new high is not high.