Bitcoin is consolidating sideways this weekend; after a slight drop in the morning, it immediately reversed. Bitcoin has dual support at 91600, especially the support from the 120-day moving average, which is quite reassuring.
Ray is very strong, currently rising to the upper line of the ascending channel, which is also a major resistance level at 3.1. This is the second attempt to break through, with the next major resistance level around 3.7.
It's important to pay attention here; the first attempt to breach 3.1 failed, followed by a rapid drop in volume, but at ten o'clock in the morning, it reversed sharply. The intentions of the main players to wash out and accumulate positions are very strong. The key here is to see if it can break through; if it breaks 3.1 or if Bitcoin breaks 95000, continue to hold or increase positions. If it cannot break through, those trading short-term can sell and wait for a dip. Overall, the outlook is still bullish; if you're not looking to make changes long-term, just stay relaxed.