$BTC 《2025.5.2:BTC》

Bitcoin continued to rise yesterday, breaking through 96,000, but there was no premium for chasing long positions.

Bitcoin is consolidating around 95,000, and after breaking through 96,000, it only rose slightly before falling back, with a premium of just 500 points to 96,500.

Currently, there is only active buying pressure, but the FOMO sentiment for chasing long positions is not strong. The trading volume has not shown significant release, indicating that capital remains cautious.

The upper resistance level is at 98,000. The market's pricing of Bitcoin almost assumes that the negotiations have been successful, but reality may not be so smooth.

Additionally, we have observed that the altcoin sentiment has slightly retreated in recent days, and as we approach the high of 100,000, long positions should be more cautious and not blindly optimistic.