Yesterday's market moved from 93,000 up to around 94,400, then dropped back down to around 91,200. Overall, it remains in a volatile rhythm.

From the daily chart, the five consecutive bullish days have been broken. The lowest point was at 91,200, which just filled the CME gap. After filling the gap, the market surged again, indicating there is no urgent need for a waterfall decline, and it will likely continue to oscillate and adjust, accumulating strength for the final push. In the short term, it’s also evident that each time the price dips near the moving average, support appears and rebounds. Based on this, after today’s consolidation, the market should continue to rise this week unless there is a clear and sharp sell-off indicating a top. So, the current strategy is to look for buying opportunities on dips.

Specific levels: 91,500-92,000 can be considered for long entries. First resistance is at 94,000-94,500, then above that is around 96,000.

$BTC