Conditions for the continuation of the bullish trend
- Support level: 99700 is a short-term strong-weak dividing line, maintaining the upward structure if it doesn't break on a pullback.
- Target level:
1. Previous high resistance level 101485 (opens up upward space after breaking);
2. Secondary resistance zone 102445-103850 (requires volume support for breakout).
Pullback risks and support
- Breakout signal: If unable to break through the previous high and falls below 99700, a pullback enters at the hourly level.
- Support level:
1. First support 98690 (recent low);
2. Second support 97730 (50-hour moving average);
3. Strong support 96850 (key daily support).
Operation suggestions
- Aggressive: Lightly try long positions near 99700 on a pullback, target 101485, stop loss below 99000.
- Conservator: Follow up after breaking through 101485 or falling below 99700, avoid chasing highs.
Summary
BTC's night trend revolves around the 99700-101485 range, a battleground for bulls and bears, 99700 is the dividing line for bulls and bears, determining the short-term trend direction. The current market is driven by bullish sentiment, but caution is needed for overbought pullback risks (RSI close to 70). In operation, it is recommended to use the dividing line gain and loss as a signal; chase after breaking the previous high, stand by or lightly short if breaking support, and strictly use stop-loss to avoid chasing highs and killing lows. Pay close attention to changes in volume and the movement of main funds to prevent spike washing.$BTC #BTC走势分析 #BTC重返10万 
