#BTC

In reports from institutions, there is sometimes a situation like this:
The number is correct, the interpretation has flown to completely different places.
J.P. Morgan's saying "94,000 is a strong support" also falls into this category.

What they actually said is the level just above the opening of the year, which is 93,360 dollars.
For institutions, year/month/week openings are like the pages of a holy book.
It clearly shows where big players defend the price and where they give up.
That's why 94K is not just a line; it's the area where "the pulse of the market is beating."

It doesn't make much sense to me to just jump out and say "170K is coming!" from here.
Honestly, that part felt a bit like an influencer touch.
It's like when extra brightness is added to the end of a sentence to extend it.

If I were you, I would put this area right in the center of the radar.
The alarm is already set to the band of 93.360–94.000.
Because the market's behavior starts to change below this level;
as long as it remains, it is not considered to have lost its "market character."

J.P. Morgan's comment can be summarized as follows:
"$94,000 is a strong support for BTC and the possibility of the price going to $107,000 in the next 6-12 months is on the table."

In short, the real test of the market is here.
I do not see this area as a level,
I see it as an "energy line that aligns the chakras of Bitcoin."
If it breaks, the mood changes; if defended, the path is clear.