69300482978 is about to welcome a key trend 🥳🥳🥳

Bitcoin trading price is slightly above $96,000, up 2.14% for the day, approaching a turning point. Following a strong rebound in late April, Bitcoin is currently in a technical vacuum; there are no significant resistance or obvious support levels above or below. Before this price structure forms, large fluctuations that determine the market's direction for the coming weeks or even months usually occur. If momentum resumes, Bitcoin could soar as there is no resistance zone nearby. Conversely, if the bulls lose control, the asset is at high risk of a significant drop, as direct support is not until around $89,000.

The RSI is at 68, close to the overbought threshold, and momentum remains strong but may have peaked. However, trading volume is still sluggish, which is a warning sign. Without more participation, this breakout could evolve into a bull trap. The subsequent surge in volatility will determine everything that comes next.

If Bitcoin's price breaks decisively above $97,000 on high volume, it could initiate a new round of rises, targeting the psychological level of $100,000 and above. Conversely, if Bitcoin's price falls below the $93,000-$92,000 range, it could drop to $89,000 or even lower, signaling the end of this upward trend and potentially triggering an overall market correction.

Bitcoin is on the edge of a tight market. With no safety net in sight, the next big fluctuation—whether up or down—will not just be another rise but will determine the framework for the next phase of the cycle. Time is of the essence, as this calm won't last long.

As the market continues to change, we must closely monitor market signals and seize new entry opportunities. Like + comment, let's navigate the bull market together and seize this big opportunity!