Bitcoin early morning breaks through $96,000! In-depth interpretation of market fluctuations

(Note: Musk's tweet about Dogecoin has attracted market attention)

【Market Overview】

• Current price: $96,712, 24-hour increase of 2.37%

• Continues to rise after breaking through the key resistance level of $94,000

• Institutional dynamics: BlackRock's holdings increase to 620,000 BTC

• On-chain data: A whale address transferred 8,000 BTC to Coinbase

【Key Price Level Analysis】

⌛ Resistance range:

$97,000: Important options position concentration area

$100,000: Psychological round number

⌛ Support range:

$96,000: Short-term bull-bear dividing line

$93,000: Important medium to long-term support level

【Market Forecast】

🔥 Optimistic scenario (probability 20%):

Continuation of the upward trend testing the $100,000 level

🔄 Neutral scenario (probability 50%):

Consolidation range between $96,000 and $98,000

⚠️ Cautious scenario (probability 30%):

Break below $96,000 to test $93,000 support

Orange continues to pay attention to market analysis, accurately grasp market trends, and is ready to enter at suitable positions; if you want to get on board, beep beep.