As of May 2, 2025, the price of Bitcoin (BTC) is approximately $96,699, with a daily fluctuation range between $96,418 and $97,838, showing an overall oscillation consolidation trend.

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📊 Technical Analysis
• K-line pattern: The price of Bitcoin peaked at $96,753.91 and then retraced to $93,388.09, forming a fluctuation range (approximately $96,000–$97,000). The current price is fluctuating near the middle band of the Bollinger Bands, and if it breaks through the upper band, it may open up upward space.
• MACD indicator: DIF (62.57) is above DEA (33.22), and the MACD bar turns green, indicating short-term upward momentum. However, the bar is shorter, indicating that the upward momentum has not yet been fully established. 
• RSI Indicator: RSI1 (60.86) is higher than RSI2 (58.50) and RSI3 (56.53), indicating strong short-term buying power, not yet entering the overbought zone, and still has room for upward movement.
• Bollinger Bands: The Bollinger Bands are gradually narrowing, indicating that the market is about to face a directional choice. A breakout above the upper band may lead to a new upward trend, while a breakout below the lower band may indicate a correction.

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🧠 Market capital movements
• Whale Activity: When the price pulled back to $93,388.09, whales bought heavily, with inflow increasing by about 45%-50%, providing momentum for the price increase; as the price approached $97,000, the main forces reduced their positions, with outflow increasing by about 60%, indicating significant selling pressure.
• Institutional investors: Grayscale Fund's BTC holdings remained stable and there was no large-scale sell-off, indicating that institutional investors are still optimistic about the long-term value of BTC. 

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📉 Market Sentiment and Risk Factors
• Market Sentiment: Despite the overall sluggish trend in the market, Bitcoin's performance remains resilient, especially in the context of many altcoins struggling. The BTC price has recently been maintained above $95,000, with bulls managing to push the price up slightly.
• Risk Factors: The uncertainty of Federal Reserve policies, geopolitical risks, and liquidity risks within the cryptocurrency market may affect the short-term trend of Bitcoin; investors should closely monitor these factors.

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✅ Comprehensive strategy recommendations
• Key technical levels: The current price is close to the $96,000–$97,000 range, and a break above the $97,000 resistance level could usher in an upside; A break below the $93,000 support level could lead to a pullback. 
• Short-term strategy: Buy low around $96,000 and sell high around $97,500, to operate within the range; if the price breaks through $97,000, consider buying along with the trend, targeting $98,000–$100,000.
• Risk Control: It is recommended to set a stop loss below $93,000 to avoid downside risk.

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If you need further information on market analysis of Ethereum (ETH) or other mainstream altcoins, please let me know.