The current BTC price is in a consolidation phase. The previous high around 95750 still constitutes strong resistance, having failed to break through multiple times.
If the price retraces to the support level around 93300, there may be a rebound opportunity; however, if it breaks below this support, it is likely to further explore the 91000-92000 range.
Operation suggestion: Consider going long when the price retraces to the support level, with a target towards 95750; if the price breaks below support, consider going short in the short term.
Pay special attention to the support level around 93500. If this support is lost, it may trigger a larger retracement.
