Friday, good morning to a new day!

Time flies, and it's already the end of the week. Yesterday, after continuous profit-taking, we provided a reference for a short position at around 98000 at midnight. So far, it has pulled back by over a thousand points, and the overall trend is slightly slow.

Currently, on the daily chart, Bitcoin has pulled back without breaking the support and is rebounding. The bulls are beginning to organize for an upward movement, but have not effectively broken through the mid-band resistance.

Although there has been a pullback, the momentum is not strong, and the bulls still need to gather strength.

Looking at the short-term four-hour chart, the price is steadily testing upward, with the lows gradually rising. Although there has been a pullback, it has not recovered yesterday’s gains, and it remains around the 97000 level. The bullish sentiment is relatively weak, and although a pullback is expected in the short term, the force will not be too strong. The focus for the day is on the breakthrough situation at the 98000 level. If it effectively breaks, the price may touch the 100000 mark again. In the early morning short-term, it is advised to short once at the current price of 97000, expecting a 1500-point pullback. For conservative traders, it is recommended to wait for a pullback to the 95000-95500 area before going long, aiming first for 98000, and if it breaks, continue to look for the 100000 mark! The short-term market changes rapidly, and this thought is for reference only. Please respond flexibly according to the market signals. If you are uncertain and cannot pinpoint the direction, feel free to reach out! #比特币走势观察