01 Yesterday's Review
Yesterday during the day, BTC maintained a fluctuating upward structure at the hourly level. Although there was a drop when the U.S. stock market opened in the evening, it quickly rebounded, strongly breaking through the 96,000 mark and surging to around 97,000. It is currently consolidating within the 96,000-97,000 range.
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02 Today's Analysis
The daily line closed with a medium bullish candle, with trading volume slightly increasing compared to the previous two days, still within the normal fluctuation range. The MA30 line maintains an upward trend, and the MACD is above the zero axis, but the upward momentum has slightly weakened.
After fluctuating for seven to eight days at the daily level, it has chosen to break upwards. There are no conditions for a sharp decline in the short term, and it is expected to primarily oscillate at a high level, with further upward breakthroughs anticipated.
The current target range is looking towards 99,000-100,000, with 100,000 being an important psychological barrier, which will have some pressure in the short term. If this range is touched, it may be appropriate to reduce positions.
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03 Key Ranges
Short-term resistance levels: 99,700 / 102,044
Short-term support levels: 94,765 / 91,680 / 88,950
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04 Operational Suggestions
The weekly trend remains upward, and a pullback is an opportunity to enter. It is not advisable to blindly chase after high prices during high-level fluctuations; if it pulls back to around 94,765/91,680, it may continue to build positions in batches. If it breaks 99,000, the short-term target looks towards the $100,000 round number.