01 Yesterday's Review

BTC's overall trend yesterday continued to exhibit high-level fluctuations. After a brief pullback near $94,300, it quickly stabilized and surged to $95,840 in the evening. However, it was constrained by the upper boundary pressure at the hourly level and failed to break through the new high, maintaining a narrow range of fluctuations above $95,000. From a daily perspective, the K-line has consistently closed with small bullish candles, trading volume has moderately increased, and capital turnover remains active, showing no clear signs of distribution. The overall structure maintains a strong consolidation pattern at a high level, and short-term market sentiment remains relatively positive.

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02 Today's Analysis

Currently, BTC continues to operate within an ascending channel at the hourly level, with effective short-term support. If it can maintain stability above the $94,800-$95,000 range today, it is likely to further challenge the resistance level above $96,500. From a weekly perspective, if it can close above $92,800 before Monday, the weekly bottom elevation pattern will be confirmed, potentially opening up upward space towards the $100,000 round number. Due to the U.S. stock market being closed over the weekend, external market interference has decreased, and market fluctuations are primarily driven by internal capital in the cryptocurrency sector. Attention should be paid to the risks of sudden emotional changes leading to localized rapid fluctuations.

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03 Key Ranges

Short-term Support Levels: 94,800 / 92,800 / 90,500

Short-term Resistance Levels: 96,500 / 99,200 / 102,000

Structural Judgment: Currently in a high-level box fluctuation structure. If it stabilizes at $94,800, bullish continuation is expected; if it fails to hold, attention should be paid to the critical weekly support at $92,800. Once effectively broken, the short-term upward momentum may be interrupted, entering a broad adjustment phase.

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04 Today's Recommended Cryptocurrency

Focus on #TAO (Currently, TAO shows significant signs of capital involvement after the rotation of mainstream cryptocurrencies, with enhanced short-term momentum and a breakout structure forming at the hourly level. It is recommended to lightly focus on buying opportunities near the pullback support level, with a stop-loss set below the 2-hour EMA72, targeting the 410-445 range. Strict execution of profit-taking and stop-loss measures is advised, suitable for short-term fast-paced operations.)