Market Update:

Bitcoin (BTC) continues to respect the range established over the past few days, with key support at $97.5k and resistance at $99.5k. The $97.5k support has held firm through multiple tests, while the $99.5k resistance is still intact.

BTC has successfully broken above the $98.9k level (Previous Week High) and is now attempting to establish it as 4-hour support. Should this level hold and the price consolidate, a potential test of $102k could be in the cards.

At this stage, the market remains in a range-bound condition, with a clear breakout needed to confirm the next move.