Bitcoin is currently poised to break upward towards the 102k level, with the target aligned with the 60-day moving average region. On the weekly chart, the Cycle Swing indicator has finally reversed upward, forming a potential rebound signal. However, be cautious—this kind of movement also occurred in March 2022, and at that time, it only lasted for two weeks before falling into a trap. History often has its similarities; whether the current rebound can go further depends on whether it can hold steady at key levels in the subsequent stages.