Bitcoin's current resistance levels you need to clearly see.

On a smaller scale, the 94,000 region has already been broken, indicating that the bulls still have strength. But 97,400 is the real hurdle; if it can hold here, the short-term rebound might be over. Only if it breaks through this level will there be the qualification to continue upward.

The true big test is at 100,000. The round number itself is a psychological fortress. Structurally, the pressure here is significant, especially with the Fibonacci 0.5 retracement from the high also at this level. The triple pressure stacking makes it not so easy to break through.

The angle of the moving averages is also worth considering—the arrangement and convergence of multiple moving averages can reveal the strength of this wave of the market. Whether it can stabilize above these key levels in the short term will directly determine the subsequent trend.