#SaylorBTCPurchase May 3rd Afternoon Thoughts

In the early morning, Bitcoin peaked at around 97661 before facing pressure and falling back, hitting a low near 96510. Subsequently, bulls made a brief counterattack to 96861, but the momentum was insufficient, and bears once again exerted pressure, driving the price down to a low of 96389. Currently, there is a slight rebound, fluctuating around 96600. The technical analysis shows that a short-term support zone is forming between 96389-96600. Considering that the bearish momentum has somewhat released, it is suggested to focus on low long positions in the short term, with key attention on the resistance zone of 97000-97200 above. If there is significant pressure, a short-term take profit can be considered. One should be cautious, as a valid drop below the support of 96300 could lead