After a rapid rise in the morning Bitcoin price to 97,700, it entered a technical correction, with an intraday low dipping to the 96,000 support area. After entering the afternoon, the coin price oscillated around 96,300, currently climbing back to the key level of 97,000. The market is continuously testing the resistance strength at 97,000; if it can effectively hold this level, it may open up new upward space. The current market shows a high-level consolidation trend, with the latest trading occurring in the 97,000 range, where both bulls and bears are engaging in a new round of competition.

The middle track serves as short-term support, and prices operating above it indicate that bulls dominate, with the upper track diverging upward, showing increased volatility. If prices continue along the upper track, they may test the resistance range of 97,500-98,500. Current technical indicators show that short-term bulls are dominant in Bitcoin, but one must be wary of changes in Federal Reserve policy and market sentiment. It is recommended to focus on buying on dips, and be cautious with chasing after breakouts, implementing strict stop-losses, and paying attention to key support/resistance levels. If there is favorable policy in the evening, the 100,000 level may become the next target; if negative news develops, the range of 93,500-94,000 may serve as a temporary bottom.

Big coin strategy: Buy around 96,200-96,800, target 98,000

Ethereum strategy: Buy around 1,810-1,820, target 1,880