Bitcoin is currently at a critical juncture of bullish and bearish battles, with market sentiment unclear — there are no sufficient reasons to be bearish, nor strong signals to be bullish. Short-term observation of the trend development is needed.

From a technical perspective, if Bitcoin continues to be supported at the current price level, based on historical patterns, there is a possibility of testing the 98,000 level above. However, market movements never repeat exactly, and each trend has its own uniqueness; past experiences cannot be simply applied.

The key change in the past two days is a shift in market expectations — signs of turning from bearish to bullish. An upward breakout would target a long position toward 98,000, while a downward break would switch to a short strategy. The golden ratio is the most important technical support to watch in this round of market, and also a crucial reference for judging the trend. Overall, we will wait for the next 48 hours to see how the direction unfolds.