Yesterday BTC reached the expected levels and should temporarily wait for another opportunity

Currently, I believe the market trend is still bullish, but it is difficult to directly strengthen in the short term.

Before the last round of decline, the price maintained a fluctuation between 95000-98000, forming a dense accumulation of chips. A large amount of trapped chips has accumulated here, which will create pressure in future upward movements.

The price had rebounded once before, but was immediately suppressed.

Currently, the price continues to approach the pressure zone.

In the absence of external events to stimulate the market, trapped chips need to be gradually consumed through time and turnover. If a breakthrough upward is desired in the short term, I believe the selling pressure has not been completely digested, and price increases will naturally be difficult.

Therefore, ultimately for BTC's future expectations, it will either first test upward and fail, then pull back for chip accumulation before breaking upward again,

or simply not test upward, but instead move sideways or decline gradually, accumulating enough before breaking upward.

If the price shows weakness afterward and falls back to 84000, then the short-term bullish outlook will not continue, and the bullish state of the small cycle will also be broken. $BTC