At 5 AM, news regarding Bitcoin (#比特币预测 ) caused a surge in trading volume, pushing the price up to 97,800. From a daily chart perspective, BTC has broken through the previous high resistance level near 95,700, but it has shown a shrinking increase for two consecutive days, suggesting a possible trap for buyers. It is not recommended to chase the price upward. Today's 'East Country Hunting' market push may be a short-term behavior, with its sustainability in question. At the same time, the MACD has crossed bearish, and technical indicators show divergence, so caution is advised. I personally suggest shorting at 97,500, with a stop loss near 98,000 and a take profit near 95,200. Looking at the U.S. stock market trends, there is a clear pullback currently taking place. BTC is rising against the market trend. This is an abnormal market condition; it is best to remain steady.
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