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BTC broke through the key resistance level of 94K on the 4-hour chart, and the previous short positions were liquidated. From the current trend, if this upward momentum can be maintained and the previous oscillation pattern is broken, a relatively smooth market could be on the horizon.
For the bulls, a pullback to the support level is a good opportunity to build positions. The next potential target price is aimed at 98K. If it can hold here, there is still room to move higher. The key is to see if this upward momentum can be sustained and avoid falling back into repeated oscillations.