The short-term market is driven by a rebound recovery, with pressure levels in the lower time frame around 96000-96500.

Such a V-shaped rebound does not favor the bulls to continue upward, leaning towards a range-bound movement.

It is expected that there may be a 15-minute level pullback in the early morning, with attention on the pressure around 96500 above.

In the early morning, we reference entering a short position directly around 95700, with a target of 94500-94000, and a stop loss placed above 96700. This suggestion is for reference only $BTC .