The current price of Bitcoin is around 96,500, having increased by 2.14% during the day, right at the pivotal point of the market.

Since the rebound in April, the market has entered a state of three no's: no pressure above, no hard support below. This kind of technical vacuum often breeds significant market movements.

The fluctuations in the coming days may directly define the market for several weeks or even months.

RSI indicator: Currently fluctuating around 68, although it has not reached the overbought warning line (usually above 70), the continuous rise has already shown signs of weakening in the momentum indicator.

New price highs but lack of accompanying volume is a typical sign of "stagnation in rise," and one should be wary of false breakout traps.

With no safety cushion above or below, the next big candlestick (whether it spikes upward or plummets downward) will reshape the cycle pattern. This sideways movement cannot last too long.