BTC has risen from the bottom at 83,000 to nearly 100,000 now. The surge over the past month and a half indeed confirms the previous rebound expectations. However, here’s a word of caution — surpassing 100,000 is actually a tough nut to crack. This range has been the main force distribution zone for half a year, with an astonishing amount of trapped chips, and significant pressure on new buyers. The true peak of the rebound is likely to be stuck between 99,000 and 107,000, making a breakthrough difficult. According to the rhythm, February should be the end of this phase, and the market is likely to return to a weak pattern afterward. The more it rises, the more we should be alert to distribution; the ceiling of this rebound is lower than expected.