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Bitcoin is currently approaching the key level of 98,439. According to previous technical analysis expectations, this target should be reached. Once this level is broken, the risk of a short-term pullback will significantly increase and should be closely monitored.
From a support perspective, as long as Bitcoin remains above 95,532, the overall upward trend remains valid. These two levels form a relatively clear trading range.
The analysis framework is mainly based on candlestick patterns, wave theory, and Fibonacci sequence cross-verification, aiming to provide a reference for your thinking. (Risk warning: This article is for technical analysis discussion only and does not constitute any trading advice.)