#比特币价格分析与预测 After reading this analysis report, I think its assessment of the current Bitcoin market situation is insightful. In the short term, $103,500 is indeed a critical watershed. If this level is breached, the bullish trend will become more pronounced; but if a lower high is formed, it could trigger a new round of decline.

However, I am more concerned about the stablecoin indicators. USDT's market share has broken through its long-term downtrend, while supply is contracting, which is usually not a good sign for a bullish market. This reminds us to remain cautious and avoid blindly chasing highs.

For ordinary investors, it's even more important to focus on the safety of asset allocation at times like this. Consider moderately reducing positions and moving some funds into low-risk assets. At the same time, maintain a long-term investment mindset and don’t let short-term volatility affect your judgment. Remember, the market is always cyclical—staying rational and patient is crucial.