Bitcoin Short-Term Trend Analysis: After experiencing a significant rise, the market has entered a phase of consolidation.
The current price fluctuates within a narrow range of 2000 - 4000 points. Although the short-term upward trend line has not been effectively broken, caution is needed for potential false breakdown situations — that is, a brief drop followed by a rapid rebound, with the potential to challenge the liquidity area above $95,700, and the expected upper limit may be around $96,200.
This week's market may fluctuate dramatically like a roller coaster, with the price possibly testing $92,000 first, followed by a rise to $96,000, and then there is a risk of a significant pullback to $85,000.
