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Bitcoin has been oscillating back and forth between $96,000 and $97,000 recently, looking quite tense. Retail investors are eager to make moves before the $100,000 mark, frequently chasing high and selling low around $96,300 — but this is precisely the perfect opportunity for institutions to use price fluctuations to shake out traders and clear leveraged positions.
If your goal is to make 20% daily, rather than dreaming of long-term gains in the millions, it’s better to focus on the ironclad support line at $94,400. This level is crucial. True trading opportunities arise when the price pulls back but doesn’t break this level, often leading to a rebound that directly targets $98,500.
In short, holding onto key levels is far more important than blindly guessing future trends. Mental resilience and technical execution are the two legs of making money. Ethereum and other mainstream coins follow Bitcoin’s rhythm, and the same logic applies.