This wave of BTC movement is quite interesting. The support levels of 93000-93200 analyzed yesterday indeed played a role, with the price finding support around this area and rebounding, then rushing towards the resistance zone of 93800-94000. The overall rhythm is quite regular.

Let's review the main reasoning:

First, the 92800-93000 area is a relatively dense zone of spot holdings, with obvious buying strength, making it difficult for the price to break through directly; secondly, above the 93800-94000 price level, there are many contract short stop-loss orders, which can cause pressure when reached. These two key positions form a clear range.

From a macro perspective, US stock Nasdaq futures have recently performed steadily, and the extreme correlation risk between BTC and US stocks is not high, providing ample space for range trading. In this context, going long from the support levels towards the resistance levels, or shorting from the resistance levels and falling back, both are logically sound.

It can be seen that precise technical analysis relies on understanding key levels and combining it with fundamental judgment. Friends who missed this wave shouldn't be too regretful; market opportunities always come in turn.