5.3BTC Intraday Market Analysis | Key Levels to Watch!

Today, the focus for Bitcoin is on 96300 (the bottom of the consolidation area). As long as it doesn't break below on a pullback, there is still upward momentum after a short-term pullback. The first target above is the top of the consolidation area at 97390, and after breaking through, watch for resistance around 98500-99400-100370.

⚠️ Risk Warning: If the 4-hour closing price drops below 96300, a short-term pullback may begin, with support below around **95300-94110-92845.

Trading Strategy:

- Bullish: If it holds above 96300, consider going long, and if it breaks above 97390, target 98500+

- Bearish: If it effectively drops below 96300, it may shift to a range-bound downward trend, watch for support below

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