After South Korea announced martial law, the BTC on the South Korean UP exchange instantly spiked to $72,000. If there is a crisis in internal or external politics, most people will think of selling off to cash out first.

Currently, BTC is in a consolidation range of $93,000-$98,000, and various altcoin sectors are taking the opportunity to rotate and catch up. Last month, old public chains, payment concepts, gaming, RWA, AI, and DePIN all had a good rally.

Let's just talk about BTC. In the future market, continue to pay attention to the $93,000-$98,000 consolidation range. Breaking out of this range will open a new trend. If it breaks upwards beyond $98,000, the market will continue to challenge the $100,000 and $108,000 resistance levels. Conversely, if it falls below the $93,000 strong support this week, the daily trend will deteriorate, and it will then drop to $89,000. The specific breakout direction is uncertain; anyway, the technical indicators reflecting the trend have been overbought for a long time. Under irrational emotions, most trend indicators are not very useful; it can only be said that the current daily chart still has a bullish advantage.