The Bitcoin market is currently showing a volatile state, with prices likely to fluctuate within a certain range. Based on historical experience, within the range where new historical highs are created, there is usually a trend of a sharp drop followed by a rebound, so opportunities to enter the market can be sought in the sharp drop range.

The specific resistance and support levels are as follows:

First resistance level: 98100

Second resistance level: 98500

First support level: 97350

Second support level: 96500

Regarding trading strategies, it is recommended to monitor whether the Bitcoin price can hold above the first support level. If it can be maintained, a rebound viewpoint can be kept, while also paying attention to the trend of the 120-day moving average. Although yesterday's important support was briefly broken, a downward rebound eventually occurred, and the weekend's decline has been partially recovered, indicating that a short-term low may have formed, and the rebound viewpoint can still be maintained.

For swing trading, it is suggested to take light long positions around 95900. If the price retraces to the range of 95400-94800, a direct long position can be taken, with a stop-loss set around 94400. If a sharp drop below 94400 occurs, a reduction in positions can be considered. Additional positions can be added around 93800, with target levels in the range of 97350-98500. Short positions are not currently being considered.

In summary, the current Bitcoin market is showing a consolidation trend, and investors need to operate cautiously, closely monitoring price movements. Appropriate swing trading may yield profits, but risk management is crucial.