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Currently, BTC's movement can be judged based on its stability in the 94,000-94,500 range. Only if it stabilizes above the 94,000-94,500 range can there be a possibility of further upward movement. Similarly, the resistance near this range is also quite strong. If it fails to break through and comes under pressure, the subsequent pullback could be significant. Therefore, the 94,000-94,500 range can be seen as a watershed. If it reaches but does not break this range, you can attempt to go short and look for lower support. If it breaks through and holds, follow the trend accordingly.
Specific trading suggestion: Base your attempts to go short or long depending on whether the 94,000-94,500 range is broken.
Short: If it fails to break out strongly near this range, treat it as resistance and attempt to go short.
Long: If it breaks through, use the range as the bottom and attempt to go long.
Upper resistance: 93,800; 94,300; 94,500; 95,000; 95,800; 96,300; 96,800; 97,500; 98,000; major resistance range 99,000-100,000. Only if it stabilizes in the 96,300-96,800 range can you look up to the 99,000-100,000 range.
Lower support: 93,300; 92,800; 92,500; 91,800; 91,300; 90,800; 90,100; 89,500; 89,100; 88,800; 88,150; 87,800; 87,300; 86,800
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