$BTC Bitcoin (BTC) is currently trading around $96,500, experiencing some volatility in the last 24 hours with a slight decrease. After breaking through the $95,000 resistance, it reached a high near $97,800 before a minor pullback. Analysts are closely watching the $97,000 level as the next potential resistance.

Long-term holders have seen their wealth increase significantly, and new buyers are entering the market, indicating strong interest. However, there's potential sell-side risk around the $97,000-$99,900 range as some long-term holders might take profits. Overall, the market sentiment remains cautiously optimistic, with some predicting a rally towards $100,000 if key resistance levels are broken.