Market analysis:

The bitcoin market is under pressure after a wave of highs, and is currently showing a sideways trend instead of a downward trend. The current small-scale market has begun to show signs of a correction, and it is worth noting whether the support level of 96,000 can be maintained. If this support level is not broken, the market may continue to rebound. From the daily chart, Bitcoin has entered a stage dominated by bulls, and the upper pressure level is around 98,000. However, if the four-hour chart closes below 96,000 today, the momentum of this rebound will weaken, and the market may fall into a state of shock again. At that time, it is necessary to pay close attention to the two lower support levels of 94,500 and 93,000. The current market environment is still favorable for bulls.

Operational ideas:

It is recommended to wait and see, observe more and act less, focus on intraday short-term trading, give priority to long positions at low levels, control positions, and strictly implement stop-profit and stop-loss strategies!