Currently, BTC is oscillating around 97k, having a strong breakthrough of the key level at 94k, entering the 97K-98K consolidation zone.
From the daily chart, the current rally shows some weakness. If the daily candle continues to close positively, there is a chance to test 98k-100k(. US stocks continue to rise), otherwise, it will pull back to test the 95k-96k range. Over the weekend, with low volume, it is most likely to consolidate between 96k-98k. If it retests and breaks 95k, be alert for a drop to 92k. Meanwhile, Sunday is very critical—an optimistic outlook targets a surge to 100K, while a pessimistic view suggests testing 92k-94k again. Overall, the sentiment is neutral leaning slightly bullish, with the rebound more likely to continue than to fall. In summary, avoid blindly chasing around 97k, and don’t go all-in on Dodo. This level is quite awkward; the rebound has already touched the key resistance at 98K. In the short term, there is room for continued oscillation, but the trend has already begun. Overall, it will still oscillate higher, mainly buying low dips.
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Currently, BTC is oscillating around 97k, having a strong breakthrough of the key level at 94k, entering the 97K-98K consolidation zone.
From the daily chart, the current rally shows some weakness. If the daily candle continues to close positively, there is a chance to test 98k-100k(. US stocks continue to rise), otherwise, it will pull back to test the 95k-96k range.
Over the weekend, with low volume, it is most likely to consolidate between 96k-98k. If it retests and breaks 95k, be alert for a drop to 92k. Meanwhile, Sunday is very critical—an optimistic outlook targets a surge to 100K, while a pessimistic view suggests testing 92k-94k again. Overall, the sentiment is neutral leaning slightly bullish, with the rebound more likely to continue than to fall.
In summary, avoid blindly chasing around 97k, and don’t go all-in on Dodo. This level is quite awkward; the rebound has already touched the key resistance at 98K. In the short term, there is room for continued oscillation, but the trend has already begun. Overall, it will still oscillate higher, mainly buying low dips.