Bitcoin, overall market trends, evening analysis

#BTC The big coin broke through last night's high of 97400, touching around 97900, but failed to reach 98000 and started to pull back. The first wave of pullback reached 97000, and then it rebounded, peaking again around 97700 before starting to pull back again. As of now, the lowest has dropped to 97050 and started to rebound.

There is minor resistance above the big coin at 97800, and above that at 98500. There is minor support below at 97000, 96500, 95800, with key support at 95000.

Currently, the overall trend of the market is still leaning upwards. Although the big coin has broken through the high point, there hasn't been significant volume to push it higher, indicating that there is still considerable disagreement on the buy and sell side around the 98000 levels. From the big coin's pattern, it is not yet confirmed whether this wave at 98000 will definitely be a high point. However, if it does not break the new high by tomorrow morning, then this week's high at 98000 is likely to form, as the weekend is approaching, which will significantly reduce liquidity. This reduces the probability of the big coin pushing higher.

Operational advice could be to bet on the big coin making another push to a high point to start building short positions. Holding through the weekend to gamble on a pullback for 1-2 thousand points is also a good option.