The current price of Bitcoin is around $94,500, which is in the historical high range. From a technical perspective, although the weekly uptrend remains intact, there have been multiple spike downs on the daily chart, indicating increasing market divergence. The key support level is at $90,000; if it breaks below, it could retrace to around $85,000. The important psychological barrier above is at $100,000, and a breakthrough could initiate a new round of increases.
Short-term traders can focus on the breakout direction of the $90,000-$95,000 range, but should be cautious with leverage. Medium to long-term investors may consider gradually positioning themselves during deep corrections, while spot holders can take some profits on part of their positions. The current market is highly volatile, so it's advisable to maintain flexible positions.