BTC has recently been testing the 95,000 level up and down.

Starting from around 91,000, it moved upward, reaching a high of about 98,000 where it encountered resistance, with the overall increase being approximately 8%. Now there are signs of a pullback, but the 94,000-95,000 level is very critical—it is likely to hold. Once it truly stabilizes at this level, breaking through 100,000 should not be a problem.

Conversely, if it fails to hold at 94,000-95,000, it might retreat back to around 93,000 to find support. In any case, this kind of adjustment is a buying opportunity. From a trend perspective, each bottom is being raised, which is a typical bottoming process before a market rally, characterized by repeated confirmations. The current trend basically aligns with previous judgments.