Yesterday, the Bitcoin price fell back as expected, under pressure above 95,000. It started to retract from the 95,400 level, reaching a low of around 93,900 in the morning, maintaining an overall range of 93,000-96,000 in a box-like oscillation pattern. Recently, the market has shown typical range consolidation characteristics due to the lack of significant news and macro narrative support. The larger technical structure remains in a bullish trend, but the short-term momentum is insufficient, leading to limited intraday volatility. If following a high sell-low buy strategy, one can obtain swing profits at both ends of the range.

2. Technical Analysis Daily Level: Bitcoin is still in a high-level oscillation phase. The MA200 moving average (currently around 92,000) provides strong support, and the MACD indicator maintains a golden cross, but the red histogram's momentum is shrinking, suggesting that bulls need to build strength. 4-hour cycle: Prices oscillate along the middle band of the Bollinger Bands, and the KDJ indicator is near the 50 axis, indicating unclear short-term direction. The area of 93,000-93,500 forms a dense support zone below, while resistance is at 95,500-96,000 above.

3. Operational Strategy Suggested Main Strategy for the Day

Continue to follow the high sell-low buy idea, focusing on positional trades. Long position area: Build positions in batches between 93,000-93,500, stop loss at 92,000, target at 95,500-96,000.

Short position area: Lightly enter near 96,000, stop loss at 96,500, target at 94,000. Follow-up on breakouts: If it effectively breaks above 96,000, then look to 98,000; if it drops below 92,000, shift to a bearish mindset.