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1. Weekly chart retracement to 93,000 without breaking it, then a rapid rise over 2-3 weeks to above 105,000, followed by testing 98,000 without breaking it, establishing a new upward weekly trend. (Major positive news released, strong bullish sentiment.)
2. Weekly chart retracement breaking below 90,000, continuously breaking through support levels of 86,000, 83,000, 80,000 down to 75,000-78,000, then quickly rebounding and reclaiming the weekly midpoint, establishing a new uptrend. (Short-term negative factors combined, followed by policy-driven positive news.)
3. Fake breakout above 100,000, followed by a quick drop below 90,000, continuously breaking through 86,000, 80,000, 75,000, 70,000, and forming a bottom below 70,000, with the market in prolonged low activity slowly building momentum. (Provided systemic risk spreads across the entire financial market.)

#btc Background of the significant surge in February in recent years (Yuanyuan)

Regarding historical instances of significant Bitcoin (BTC) price increases in February, the following are several typical cases with related background analysis. It should be noted that the cryptocurrency market is highly volatile, past performance does not guarantee future results, and prices are influenced by multiple complex factors. The following analysis is for reference only:

1. February 2021: Institutional entry and macroeconomic environment driving

• Background and driving factors:

◦ Large-scale institutional fund inflows: In early 2021, Tesla announced a $1.5 billion purchase of Bitcoin and its intention to accept Bitcoin payments, triggering expectations of traditional enterprises allocating BTC. During the same period, publicly listed companies such as MicroStrategy and Square continued to increase their holdings.