After a pullback in the overnight Bitcoin price, it rebounded again, remaining within the range of oscillation. This market condition makes the operational strategy relatively clear; both bulls and bears have profit opportunities if they can grasp the range well. In the short term, the market has rebounded again, with the lows continuously rising, and the early trading characteristics are evident. Yesterday, after opening, Bitcoin experienced oscillation upwards, with strong bullish momentum, reaching a high of $95,000. However, shortly after, the bears exerted pressure, causing the price to quickly drop to a low of $93,400. During the closing period, buying pressure increased, pushing Bitcoin to close above $95,000. Analyzing from the hourly chart, the trading volume gradually shrank during the decline, indicating that the downward momentum has slowed. At the same time, the candlestick patterns showed several long lower shadows, indicating that there is some support below, suggesting a technical rebound demand.
