$BTC

The current price range of Bitcoin is similar to its price range on February 5. After reaching a peak of 97865 yesterday, the upward momentum has clearly weakened.

Currently, it is fluctuating around the price of 96100, with lower resistance levels at 96300 and 97300. If the price rebounds to these two ranges, it is advisable to short without hesitation. In the short term, the support level to watch is 94500. If it effectively breaks below 94500, the short position can be held until the end of May or early June.