BTC has shown strong rebound momentum and is currently priced at $96,876, recovering from an intraday low of $94,646.
It reached a high of $97,544, approaching a key resistance area.
If BTC breaks above $97,544, it is likely to rise further, providing a good entry opportunity for buyers.
However, if the price encounters resistance at this point, a pullback is likely, with the target support level of $95,500 or lower.
Traders should pay close attention to these key levels, adjust positions flexibly, and set a strict stop-loss strategy to effectively control risks and maximize gains.