Bitcoin Monday Trend Analysis and Trading Suggestions

After a weekend of downward fluctuations, Bitcoin broke below 93,000 early Monday morning, hitting a low of 92,700 before rebounding and now returning above 94,000.

Today, we focus on two key points: Whether the upper level of 95,000 can break through and stabilize, which is crucial for the continuation of the bulls;

The lower level of 92,700 serves as the early session low, providing clear support.

If 95,000 cannot be broken, the market may continue to fluctuate.

It is suggested to first observe the breakout situation of the upper pressure.

Trading suggestion: Go long in the range of 93,800-94,000, with a target price of 95,000-95,500.