BTC has been rebounding from last night to today, briefly breaking through 99000. However, part of this was influenced by the early drop in U.S. stocks last night, which ultimately ended with a 1% increase. Recently, BTC's movements have been extremely similar to those of U.S. stocks, which is one of the important factors for last night's rebound.
However, I believe that BTC may not necessarily reverse directly upwards at this point. From a trend perspective, although it broke through 98000, it immediately fell back, indicating that there is still resistance above. BTC seems more like a rebound after a significant drop; while the rebound is strong, the positions have not fully settled. From this perspective, the probability of a direct increase is not that high. If it can break through 98000 after a 2-day adjustment, the opportunity may actually be greater.
For now, there isn't much trading desire, and I will continue to observe.
We cannot interpret or predict all market conditions, nor do we need to participate in all fluctuations; let’s wait for the right opportunity to take action.