Yesterday's market was mainly characterized by fluctuations, with prices touching above 100,000, showing a pattern of a doji candle indicating potential bullishness. Subsequently, there was a significant drop in the early morning, falling to around 94,000 before stabilizing, and overall returning to operate near 98,000.

From the 4-hour structure chart, the K-line showed a spike below indicating a bottoming out, forming a relatively long lower shadow, thus confirming the bottom support area. Moreover, the bottom is showing a gradual upward support situation. Currently, the short-term bearish sentiment has been fully digested, and a triangular zone has formed at the high level, with the fluctuation range expected to continue.

Bitcoin retraced to around 97,000 for buying, with a rebound to the 99,500 - 100,000 range for selling.