Today there are two substantial positive developments:

1. Dongda has engaged in dialogue with the US regarding tariff issues, indicating that the situation has eased and is no longer as hostile as before. Additionally, there are interest rate cuts and reserve requirement ratio reductions!

2. Gained purchasing power from the American state treasury, using Bitcoin as a strategic reserve, which will lead to increasing liquidity in the future!

At the same time, stimulating Bitcoin to break through, approaching previous highs with slight pressure. These two significant positives may not be fully digested in one day, and the bottom support would be around 95k, serving as a short-term support and resistance conversion point! However, the extreme point may not be reached, so it can be slightly advanced.

If we want to take action today, from a risk-reward perspective, we should at least wait for above 98,000, currently setting 93,500 as defense,

BTC is hovering around 950, looking towards above 98k.