I. Core point analysis

1. Bull-bear watershed: 94500 (stabilizing for 1-2 hours is a rebound signal, otherwise, the weakness continues).

2. Upper resistance level (upper support):

- First resistance: 95770 (short-term rebound target)

- Second resistance: 96980 (reference for segment resistance)

- Ultimate resistance: 98500 (strong resistance area)

3. Lower support level (lower support):

- First support: 92850 (short-term defense line to prevent sharp declines)

- Second support: 91880 (bull-bear segment watershed)

- Ultimate support: 90875 (reference for bottom betting)

II. Summary of bullish and bearish trend conditions

- Bullish conditions: Closing price stabilizes above 94500 for 1-2 hours with moderate increase in trading volume, confirming the start of a rebound.

- Bearish conditions: Closing price under pressure below 94500 for 1-2 hours, breaking below 92850 without a rebound, confirming the continuation of weakness.

III. Entry position strategy

Bullish rebound scenario:

- After effectively stabilizing above 94500, aggressive traders can try going long near 94500 with light positions; conservative traders should wait for the price to retrace to the 94500-94800 range, confirming the support is valid before entering.

Bearish continuation scenario:

- When rebounding near 94500 meets resistance and falls back, a light short position can be tried near 94500; if it breaks below 92850, a short position can be entered after the break.

IV. Key operation points

1. Position and stop-loss: Single position not exceeding 20%, bullish strategy stop-loss set below 94200 (exit if it falls below the watershed), bearish strategy stop-loss set above 94800 (stop-loss if it stabilizes above the watershed).

2. Profit-taking logic: Relying on upper resistance and lower support levels, step-by-step profit-taking (e.g., when bullish, reduce position by 50% at 95770, and another 30% at 96980).

3. Cycle discipline: Use only 1-2 hour level candlestick closing prices as the judgment basis, avoiding cross-cycle operations.

Summary: Focus on the battle between bulls and bears at 94500 during the night, take partial profits upward relying on resistance levels and defend partially downward relying on support levels, maintaining the principle of light positions for trial and strict stop-loss, dynamically adjust strategies based on real-time volume and candlestick patterns.$BTC #比特币走势