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At midnight, Bitcoin took the lead in sounding the Rebound horn, strongly pumping from a low of 95677, briefly reaching a day high of 96362. However, the upward momentum could not be sustained and soon encountered resistance, resulting in a pullback. By morning, the coin price had dipped to the low area of 95072, highlighting a volatile pattern.
From the analysis of the market structure, the daily level of Bitcoin has clearly shown a complete upward trend of "gradually raising lows and continuously rising highs." The current price is oscillating and consolidating around the key resistance area of 97000, which is a typical accumulation phase before a breakout, further confirming the strong market tone. In the short term, bullish momentum continues to accumulate, and the trend structure clearly leans towards bullish. Considering the characteristics of the intraday market, the suggested trading strategy is to primarily position long orders on dips, seizing trading opportunities in the upward trend.
Operation suggestion: Build long positions in the range of 95000-94500, targeting 96700.