Bitcoin is moving sideways and slowly rising, followed by a continuous pump that caused it to briefly break through the 118,000 mark. The altcoins have also broken through the 4,300 mark due to the boost from BTC.

In a slowly rising breakout adjustment posture, the BTC posture has basically no retracement, with about 1000 points taken near 11.8 in the middle of the night and a small exit from the posture.
According to the current trend, BTC is reversing upwards and breaking through the highs of September. It is expected that there may still be a continuation in the morning, with key resistance above to watch at around 119,000, and the focus on resistance around 4,400.