Short-term risks:

If Bitcoin cannot hold steady at 98,000, the market may enter a longer period of consolidation. If the Fed's hawkish rhetoric increases and US Treasury yields rise, the BTC rebound rhythm may be suppressed in the short term.

In general, the trend is still there, but a breakthrough confirmation is needed

Breaking through 98,000 confirms the continuation of the upward trend, with the target pointing to 110,000.

If it falls below 94,000, it may enter a longer period of shock consolidation.