The fluctuations in the price range of Bitcoin have always been the focus of market follow. Recently, the performance of Bitcoin in the range of $100,000 to $120,000 has sparked quite a bit of discussion. However, the truly challenging phase may still lie ahead.

From a technical analysis perspective, the rise of Bitcoin from $100,000 to $130,000 could be part of a larger five-wave structure. This indicates that there is still some upward momentum in this phase. However, investors need to be cautious, as once Bitcoin breaks through the $130,000 threshold, the market may face greater uncertainty.

At higher price levels, we may see significant price oscillations, often manifested as the ABC three-wave correction pattern. This extreme volatility can be difficult for ordinary investors to bear, as it requires strong risk tolerance and financial strength.

Considering these factors, earlier Bitcoin around $107,200 and Ethereum around $2,480 might be relatively good entry points. These price levels may represent the last opportunity window for ordinary investors to participate in the current cycle.

However, we must also recognize that the cryptocurrency market is highly volatile and unpredictable. Investors should conduct thorough research before making any decisions and formulate strategies based on their risk tolerance and investment goals. Additionally, continuously following market dynamics and timely adjusting investment strategies is also very necessary.