Market conditions are constantly changing, especially in the cryptocurrency sector, and we need to quickly adjust our strategies.

Currently, Bitcoin (BTC) has experienced a strong rebound after several days of fluctuations, with the price once reaching $97,200 last night, before pulling back to around $96,000 for consolidation.

From an overall trend perspective, the current slow rise indicates that there is still upward potential in the market.

Although the market has experienced a short-term correction, the bullish momentum remains strong, and there is a high possibility of continued upward movement after the rebound repair. In the short term, we can still look for higher levels after the pullback.

Operational strategy:

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Entry range:

When there is a pullback in the range of $94,800-$95,300, it is a good area to set up long positions, as it represents a solid support zone.

Target level:

The initial target is set at $98,000, and it may continue to rise after breaking through.

Stop-loss setting:

The stop-loss can be set around $94,500 to control risk.

Summary:

Despite short-term fluctuations in the market, the bullish trend remains evident, and further upward movement is still anticipated after the short-term correction. This is a good time to enter the market, with a target looking towards $98,000.