1. As the holiday draws to a close, $BTC has rebounded to a high of 98,000, raising the price range to between 92,000 and 99,000.
This increase seems more like a rebound than a reversal, likely oscillating around 95,000 as the central axis.
Today will enter the weekend market, and at most, will clear out short positions above 98,000, after which it may fall again.
2. The current market situation is generally that buying power is weakening, holders are unwilling to sell, and those without positions want to buy at a lower price, resulting in a noticeable decline in investor turnover.
Although the price of $BTC has risen well, the trading volume has not increased, indicating that liquidity has not really improved, and the true market situation will only become clear next Monday.
Strong support levels at 90,000 and 85,000 may still face testing, which is likely the last drop of the bull market.
