From a technical perspective, the recent performance of BTC is roughly as follows——

Whether this recent rebound can directly push above 95,000 is quite challenging. My expectation is that, at the latest by tonight, there will be another downward shock, targeting around 89,000. What is the actual purpose of this downward move? To put it simply, it’s to clear out those long positions that are aggressively opened above 95,000 and to wash out stop-loss orders.

After completing this round of clearing, in the remaining trading days of this week, the trend should gradually stabilize and rebound. But the key here is that the rebound will not be a straight upward rise; instead, it will slowly form upper shadows, digesting the previous profit-taking during the fluctuations. Eventually, it will return to around 95,000, establishing a new support level.

This is my current understanding framework of the market. If you are also paying attention to BTC’s short-term fluctuations, you can consider this approach. With proper market coordination, there will naturally be good returns. Don’t blame the rhythm if there are changes.