Last night, the high peaked around 99500. The market still shows significant divergence; the bears see a sluggish market, while the bulls are trying to find opportunities. There's no way around it, the current height, the current time node, and the current cycle process is a moment of divergence.

In my opinion, if it doesn't fall below 90000-92000, after a period of adjustment, good days in the secondary market will slowly come. If it breaks down, the adjustment period will be extended. Currently, the probability of a short-term breakdown seems low, and one can start seeking trading opportunities in the secondary market. Bitcoin faces short-term resistance at 99500 and support at 96000; within this range, one can sell high and buy low. As for between 98500 and 99200, I personally suggest that short positions are relatively safer.

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