Market Analysis - Bitcoin's weekly chart shows a strong bullish signal after breaking previous lows to fill gaps, primarily aiming to liquidate leveraged positions [1] - The analysis suggests a potential ABC three-wave pattern with a C-wave target around $110,000 (11万) or even retesting the all-time high, contingent on the strength of the A-wave and funding rates [1] - Ethereum's (以太) price action is currently lagging behind Bitcoin, suggesting it's being driven more by Bitcoin's momentum than its own intrinsic strength [2] Trading Strategy - The analyst advises against shorting Bitcoin when the funding rate is negative, as this often precedes further upward movement [1] - The analyst suggests considering long positions on Bitcoin during pullbacks, especially near the daily chart's support levels, potentially around the 618% or 66% Fibonacci retracement levels [2] - The analyst suggests caution if Bitcoin quickly approaches and breaks the all-time high with high volume, indicating a potential fakeout and subsequent correction [2] Risk Assessment - The analyst expresses concern about a potential fake breakout at the all-time high, especially if accompanied by high trading volume, which could lead to a significant pullback [2] - The analyst notes that Ethereum (以太) may not be a strong buy currently due to its underperformance compared to Bitcoin and its dependence on Bitcoin's price action [2]