#Strategy加仓BTC $BTC Evening Trend Analysis:

Bitcoin is currently still oscillating within a pennant pattern, which has formed a W bottom structure—see the marked area in the white box, with the neckline at 97,662, which is also the short-term main resistance zone. For the hourly W bottom to truly establish, a breakthrough above 97,662 is necessary, after which there’s a chance to target 98,068 and 99,478.

Conversely, if it cannot break above 97,662, the W bottom cannot be confirmed. During the correction, as long as it stays above 95,726, there won’t be a deep pullback. If it falls below 95,726 but remains above the yellow arrow at 94,500 (the lower boundary of the pennant), there’s no need to worry about further decline to 93,892.

The current situation is a sideways consolidation between 95,726 and 97,662. Key point: if this upward push fails to break the previous high of 97,888 or to reach a new high, you must decisively close at least 70% of your long positions, leaving 30% to continue aiming for higher levels. This is no joke—if it cannot surpass the previous high, a significant correction is inevitable unless it stabilizes above 98,068 and forms a higher top. Otherwise, it’s impossible to escape this consolidation zone.

Trading suggestion: If Bitcoin breaks through 96,952 with volume, go long on the right side; if it falls below 96,395 with volume and cannot rebound, go short on the right side. Remember to set proper stop-losses.

Hourly cycle: If it breaks and stabilizes above 97,662, look towards 98,068-99,478; on the 4-hour chart, if it falls below 96,231, look down to 95,726-94,716.

From a daily perspective, the EMA200 is the main resistance. If it can hold above this line, it can reach each target marked by the yellow arrows. Once the daily closes above EMA200, reaching 100,000 for Bitcoin is almost a blink of an eye. The main concern is getting stuck here.

It’s worth noting—Bitcoin has been trading below EMA200 for 96 days, nearly 100 days. Logically, it should return above this line to fluctuate. But the daily RSI has already broken above 70 into overbought territory, which is a risk signal. When the correction will happen is uncertain, but the only way to prevent it is to break through 98,068 and stay above EMA200, which can relieve the pullback pressure. There’s no other way—closely monitor volume changes.