Waking up to a big rise, it has now reached around 99200. It has already broken through the lower pressure level of 98000, and now this pressure has turned into support. The key support level to watch below today is 98000, and if it falls below, pay attention to 96300.

This week it is very likely that we will see BTC above 100k again. From the daily perspective, BTC is still in a pressure range, and to stabilize the upward trend, it is necessary to break through 100500.

In the short-term, after a slight rise, the price of BTC has shown a pullback trend. The moving averages are indicating a downward trend, and the MACD volume has not been well released on the bullish side, which has led to a slight price drop. From a short-term structural view, there is still downward demand for the coin price. However, from a broader perspective, my view remains bullish.

In terms of operations, it is still advisable to enter long positions on pullbacks and sell high and buy low. You can set up in the range of 97300~97500.