$BTC

The current price is within an upward channel and is approaching an important resistance area. The short-term trend is bullish.

If the price pulls back to around $98,000 and holds above $97,600, consider entering a long position. Stop-loss level: set at $97,300; if it falls below, it indicates that the trend may change. Target level: look towards $99,800 or $100,400.

If the price strongly breaks through the resistance at $100,400 with significant trading volume, consider going long after a pullback in the range of $100,400-$100,600 without breaking. Target level: aim for $102,000; if it rises strongly, consider taking profits in batches.