It is expected that Bitcoin will maintain a narrow range of consolidation this week, oscillating near the key bullish-bearish watershed, with the overall trend still leaning bullish. The bulls are expected to gradually gain dominance in the market.
After a strong rally on Monday, although there was a brief period of sideways adjustment, it has overall maintained its position above the important 'market decision zone', and the current price focus has stabilized.
In the short term, Bitcoin may make a directional choice within the range of $96,000 - $97,500.
Given that the bullish pattern has not yet been broken, we are currently in the probing phase of the third key signal. Investors should closely monitor macro sentiment and related market trends to assist in judging the subsequent breakout direction.
