$BTC Let's take another look at the market trend

The market hit a low of 95750 last night before bouncing back, and is currently in a state of fluctuation. From the daily chart, the market surged and then pulled back yesterday, forming a long upper shadow; today it has pulled back and rebounded, showing an alternating pattern of bullish and bearish movements, with the beginning and end mirroring each other. The 4-hour chart shows that the Bollinger Bands are still opening upwards, but this pullback has been significant, dropping from the upper band to the middle band. However, the middle band has strong support, and no signs of breaking below have appeared yet; this pullback can be seen as a normal correction within the upward trend. In future operations, we need to pay attention to the support level at 95000 and continue to be bullish on the market recovering lost ground. Currently, it seems to be fluctuating within a relatively narrow range. Considering that market liquidity is usually affected during holidays, trading activity decreases, and the volatility may be somewhat limited.

Currently, the strong resistance for Bitcoin is at 98000, with short-term support at 95000; Ethereum's resistance is at 1800, with support at 1600.