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Can Bitcoin stabilize above the 97,000 level before 8:30 tonight? This directly affects the subsequent bullish trend. Once this level is broken, the probability of a strong rally will significantly increase. Conversely, it is very likely to fall into a new round of oscillation and correction.
From the market perspective, the bearish forces below are still not to be underestimated. The market makers are repeatedly testing the market here, seemingly to test investors' patience. Without this repeated pressure, the market might have already bottomed out at the support level of 95,388.
Today's price movement will set the tone for Friday's direction, so it is crucial to remain observant during this key period. When no clear signals appear, there is no need to react excessively. Trading is like cultivation; you can relax your mindset normally, but when placing orders, you need the composure and calmness of an experienced trader. Just like yesterday's market, friends who took short positions did not lose money; instead, they gained profits.