Funds have not completely tilted toward the cryptocurrency circle
: some incremental funds are still in the U.S. stock market and have not yet flowed into the crypto market in large quantities.
Short-term consolidation: Bitcoin rose from 94 to 98, with many short-term profit-taking orders, and the market is in the consolidation stage.
The market lacks catalysts: the current macro data has not changed dramatically and is still in the trend confirmation period.
From a horizontal perspective, 94-95 is the key support range. If it stands firm, BTC is likely to continue to attack the 100,000 mark. The 4-hour moving average is in a bullish arrangement, and there is still upward momentum in the short term.
