Current Status: The price of Bitcoin is in a short-term consolidation but trending upwards recently. The key support level is at 93581.32, and the resistance level is at 95975.17.
Short-term moving averages are intertwined, while long-term moving averages are slightly above the current price, and trading volume is higher during significant price fluctuations.
If the price breaks through the resistance level of 95975.17, it may further rise to around 99540.61 or higher.
If the price fails to break the resistance and pulls back, it may test the support level of 93581.32. If it breaks below this support level, it could trigger further declines.
In the next twenty-four hours, if the price can break through the resistance level of 95975.17 with accompanying trading volume, it may rise further. However, if the price encounters resistance near 95975.17 and trading volume decreases, or if technical indicators show divergence, the price may pull back to around 93581.32 to seek support.