Regarding the current technical analysis, I believe that relying solely on the inverse head and shoulders pattern to predict market trends is somewhat insufficient. The real breakout signal should be that the price is able to steadily stay above $107,000 and maintain that for at least two trading days, so that the pattern can be confirmed.



As for the subsequent breakthrough to $120,000 or even higher price levels, this requires a gradual process and sufficient accumulation of market momentum. The operation of the market has its inherent rules, and it is unlikely that the price will complete such a significant increase in a short period of time (such as overnight). This expectation needs to be based on the support of both technical and fundamental aspects, rather than just simple optimistic expectations.
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