01 Review of Yesterday

Yesterday, the BTC daily line closed with a small bullish candle with an upper shadow, and the trading volume was only two-thirds of the previous day, remaining at a normal level overall. Yesterday, we mentioned that if it breaks through 96000, it will aim for 97000. In reality, it peaked around 97895 before facing resistance, followed by a downward pullback on an hourly basis. Short-term upward momentum is weakening, and the market has entered an adjustment phase.

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02 Today's Analysis

Today is Saturday, and market liquidity is inherently weak on weekends. It is expected that the short term will continue to maintain a high-level oscillation structure around 96000.

The current daily line pattern remains healthy, with the overall trend still being a rise after oscillation and consolidation. In terms of market sentiment, bearish sentiment is strong, with many investors expecting a significant drop. However, BTC's actual trend continues to break out after constant high-level oscillations, repeatedly refreshing new highs for the phase.

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03 Key Ranges

Short-term resistance levels: 99700 / 102044

Short-term support levels: 94765 / 91680 / 88950

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04 Operation Suggestions

The strategy still remains: do not short. Continue to reduce positions on long orders placed at low levels when the price rises. The target area is around 99000-100000. If the price approaches the $100,000 round number, consider short-term short opportunities based on market strength or weakness. The medium-term strategy still focuses on buying on pullbacks.