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BTC has been repeatedly testing the bottom around 94,000, confirming support and then rising back to around 95,000. The current position is a bit awkward—an upward trend is still in place, but the momentum is clearly not strong enough. Trading volume over the weekend was sluggish, so the real test will come on Monday.
Why are we still bullish this wave? Basically, the overall pattern is still good. As long as we can hold steady above 95,800 on Monday, the upward trend remains intact. If we can't break this level, I believe the bulls still control the situation.
From a trading perspective, the strategy is very clear: first, look for opportunities around 94,000 to get in, but stop-loss must be strict—no exceptions. If we effectively break below 94,000, then we need to reassess the direction.
What if it goes up? First, watch the resistance zone at 97,000-98,000. If we can truly break through here, market enthusiasm will surge, and pushing towards 100,000 will become a natural progression. The short-term first target is 97,000, but from a long-term perspective, 100,000 is the real goal.
ETH, XRP, and other assets with strong correlation to BTC still move in sync; basically, BTC's rhythm is the market's rhythm.