Bitcoin is oscillating around the 97,000 level, and the previous technical analysis was completely aligned. After a strong break above 94,600, it directly entered the 97,000-98,000 range.

Looking at the daily K-line, the upward momentum is now clearly weakening. If tomorrow’s daily candle continues to close bullish and the US stock market also cooperates with strength, there will be a chance for Bitcoin to test the 98,000 to 100,000 zone. Conversely, if it fails to sustain the upward move, it will retrace to the 95,000-96,000 area.

Over the weekend, trading volume is generally low, and the highest probability is for consolidation between 97,000 and 98,000. Once the support at 95,000 is broken, caution is needed as it may head straight to 92,000. Sunday is particularly important—optimistically, breaking through 100,000 could trigger a bullish rally, but if it fails, it will need to retest 92,000-94,000.

The current attitude is neutral leaning slightly bullish, with more room for a rebound than the risk of subsequent decline. Honestly, the 97,000 level is a bit awkward; the rebound has already touched the resistance at 98,000. In the short term, there is indeed room for further oscillation, but the trend has already started to open up. From a broader perspective, the trend remains oscillating upward, mainly adopting a low-buy strategy. Don’t forget, the big market movement in the first half of this year has not yet truly started.