$BTC
Let's take a look at the market trends again.
The overall market is in a large range oscillation trend, with Bitcoin in the 95500-98000 range, and Ethereum in the 3600-3800 range. From the daily chart of Bitcoin, after the high point surged to near 97840 last night, the volume was insufficient and it pulled back. On the technical side, KDJ and MACD are currently in a decreasing volume state, but BOLL has generally strengthened; the main chart MA's three-day moving averages are also arranged upwards with varying degrees. Overall, the daily chart still shows a strong bullish trend.
After a weak oscillation yesterday, Bitcoin was pulled back by bulls again in the evening. Although the high point did not break through the 98000 line, it somewhat increased the bulls' confidence. Currently, the daily level of Bitcoin is still strongly advancing, with strong support at the bottom. The four-hour chart shows that the bulls are relatively strong, currently pulling near the upper middle track, so we will continue to monitor the fan rebounding situation. If Bitcoin stabilizes at the 97500 line and continues to show strength, it will likely continue to challenge the 100000 mark.
Currently, Bitcoin's strong resistance is at the 100000 line, with support at the 96000 line; Ethereum's resistance is at 3800, with strong support at the 3500 line.