This weekend, Bitcoin continues to fluctuate and consolidate, experiencing a slight drop in the morning before quickly rebounding. Around 91,600, Bitcoin has found double support, especially from the 120-day moving average, which has brought strong confidence to the market.

Ray is currently performing very strongly, having broken through the upper boundary of the ascending channel and is close to the important resistance level of 3.1, making this the second attempt to break through. If successful, the next target resistance level may be around 3.7.

It is particularly noteworthy that when Ray first challenged 3.1, it failed to break through, followed by a rapid volume drop, but rebounded quickly at 10 a.m., indicating strong intentions from the main force to wash out and buy. The key now is to observe whether it can break through 3.1; if successful, or if Bitcoin breaks through 95,000, one can continue to hold or increase positions. If it fails to break through, short-term investors may choose to sell and engage in swing trading.

Overall, the market still leans bullish, with long-term investors choosing to hold for appreciation, while short-term operations should adjust strategies based on breakthrough situations.