BTC is currently at a sensitive point; caution is still necessary in operations. The key is whether the support level can hold, as this determines the subsequent direction.



If you want to go long, you can focus on the 94,800 to 95,500 range, which is roughly near the current level or after a small rebound. Once in, you must set a stop-loss below 94,300; otherwise, losses could become endless. Looking upward, the first resistance level is around 96,270 (near the short-term midline). If a smooth breakthrough occurs, the second target zone is between 97,000 and 97,500.

But also be cautious—if the rebound is weak or even breaks below 94,300, you should consider reversing your position and going short. The support below is around 93,500 to 93,000 and needs to hold.

Currently, BTC's volatility is quite intense. For intraday trading, strict discipline is essential, and stop-losses cannot be taken lightly. Keep an eye on ETH's movements as well; recent analysis shows signs of oversold rebounds, and related cryptocurrencies tend to be correlated. It is recommended to operate with a light position, not rushing into the market, and wait for a clear stabilization signal before taking action.
BTC1.76%
ETH0.94%
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