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Holiday market trends are often uneventful, and these past two days are no exception. BTC has been repeatedly testing within a clear range, and a bullish breakout is not easy to achieve.
From a technical perspective, there are several key levels to watch:
The first is the 95,000 level. There has been no effective breakthrough yet, and this level represents short-term resistance. The second is the green resistance line, which is also under pressure and requires volume support to break through. Neither of these conditions has been met, indicating that the bulls' momentum is still insufficient.
Fortunately, the blue support line is currently holding steady, serving as a defensive line to protect against downside risk. As long as this level holds, there is still a chance. Conversely, if this support is broken, market risk will significantly increase, and caution is advised.
Market conditions are like this: manage your own risk well, cut losses when necessary, and hold your positions when appropriate.