Is the BTC comeback coming? Bitcoin breaks through $94,000, short-term trading opportunities arise!

Bitcoin (BTC) is currently priced at $94,956, and the night market continues to fluctuate and consolidate, approaching a new round of breakthrough critical point. As market sentiment recovers, BTC once again demonstrates strong rebound power, and the overall trend is gradually moving upward. Recently, the price of Bitcoin has broken the key $94,000 mark, and strong bullish momentum is very evident in the short term. However, at the same time, market volatility remains high, and short-term trading opportunities are emerging one after another.

Technical Analysis:

From the 4-hour chart, Bitcoin has broken through the previous fluctuation range, and the current price is steadily maintained above $94,000. The Bollinger Bands are clearly opening, and the market shows signs of increased volume, indicating that there may be larger fluctuations ahead. Current support is concentrated around $92,500; if it breaks below, it may trigger a short-term pullback. The resistance level is at $95,500, and if this level is broken, BTC is expected to welcome a new round of increase.

In addition, the RSI indicator remains in the strong zone, with no signs of being overbought, indicating that the upward momentum has not yet been exhausted. Therefore, BTC's short-term trend still leans towards bullish, and the inflow of large funds also provides a solid foundation for price increases.

Long Strategy:

Entry Position: When the BTC price retraces near the $92,500 support level, consider opening a small long position and waiting for a rebound. Take Profit Position: The target looks towards around $95,500; breaking this point may continue to rise, set the take profit point at $96,000. Stop Loss Position: If the price falls below $92,000, then exit with a stop loss to avoid further pullback risk.

Short Strategy:

Entry Position: If BTC breaks through $95,500 and forms a consolidation at this level without breaking $96,000, and selling pressure appears, consider shorting. Take Profit Position: The target is around $92,500; breaking below this level will continue to fall, set the take profit point at $92,000. Stop Loss Position: If the price breaks through $96,000, the short strategy will be invalidated, exit with a stop loss.

Bitcoin is nearing a new phase of explosion, and as the global cryptocurrency market continues to heat up, BTC's price will continue to be driven by various positive factors. In the short term, if BTC can break through the resistance level of $95,500, it may quickly hit $98,000, or even challenge the $100,000 mark. $BTC