Yesterday was a broad fluctuation situation, with prices under pressure and a pullback that failed to break effective support. The bulls began to organize an upward movement, and intraday there was a slight breakout that broke the range.

The intraday market continues to rise, with the current high approaching the 97700 line. So far, the overall trend favors the bulls, and the market is trying to stabilize around the 97000 line.

If there is stability during the day, prices may have the opportunity to continue rising. Conversely, if the market cannot effectively break through the strong resistance of the daily Bollinger middle line or stabilize, then the coin price will retest.

In terms of operation, it is recommended to short near 97300-97800, with a stop loss at 98500 and a target looking down to 94000.