The current rally starting from 80600 continues with a bullish trend. In the past two days, the main strategy for Bitcoin has been to look for pullbacks to go long, especially in the 94300-93700 range — this is not chosen randomly, as it has acted as resistance multiple times before, so aggressive traders can consider this as an entry point.

As long as this level holds during the pullback, the upward momentum should continue. Based on the current pace, the daily target from the 80600 rise points to the 97900-98900 area, with a maximum rebound potentially reaching around 101400. But be especially cautious here — once the target is hit, you should start to be more alert. Risk management is crucial; after reaching the target, it’s best not to chase long positions anymore.

Conversely, if a reversal occurs, the downside target would be around 87200. This means that from the high point, the decline could be at least 10,000 points. A deeper judgment depends on whether 84400 can be effectively broken downward. If the actual price closes below 84400, attention should then shift to 76000. If 84400 cannot be effectively broken down, it’s likely a key level for a double bottom reversal, and further updates will be provided at that time.