$BTC Don't blindly bottom fish without a clear direction!

Recently broke through the short-term downward channel, indicating a weakening of downward momentum. Some predict a short-term pullback to $59,000, while others are optimistic about it rising to $148,000 by September 2025.

Additionally, the negative funding rates on Binance Futures indicate a dominance of shorts, with insufficient confidence in the short term, and a lack of enthusiasm and funds.

This sentiment, along with price volatility, suggests that BTC may fluctuate within the $94,000 to $99,000 range.

From a technical perspective, BTC's 200-day moving average (MA) continues to rise, maintaining strength since January 5, providing support for the long-term trend.

The 50-day MA is below the price and may become potential support, but its downward trend may form resistance in the short term.

The relative strength index (RSI) is in the neutral zone of 30-70, indicating that the market is not overheated, and the price direction is currently unclear. It is recommended that those who have not entered the market wait for subsequent hot topics to have clearer direction for better operation.

Support level: $94,381, if broken, may dip lower.

Resistance level: $99,449, if broken, may look at $103,491.

Currently, BTC is trading in the range of $94,381 to $99,449, and if it cannot break through the resistance, the risk of a short-term pullback increases. #币安Alpha积分