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Bitcoin's recent rally has slowed down, and it is now in a consolidation phase at high levels. Looking at the order book, the main fluctuation range is between 92,000 and 93,000.
From a daily chart perspective, the upward momentum has clearly slowed, and it is currently in a technical correction stage. Under this pattern, there is a good chance of a short-term pullback to release some pressure. However, the key point is— as long as it does not break below the support level, and the sideways consolidation continues, it indicates that the bottom support is solid, which is actually a sign of strong adjustment.
As long as there are no clear signals of a trend reversal to the downside, the strategy should continue to follow the trend. It’s smarter to act after a pullback occurs. If in the afternoon it really dips back to around 92,400 or even 91,900, consider building long positions in batches. The initial target is to watch the key level at 93,500, and then see if it can reach 94,500, which will depend on the trading volume.