The Bitcoin intraday market remains in a wide range of fluctuations. It has rebounded after touching a low near 97500, and the current price has returned to the area above 99000.

The key focus going forward is the resistance at the 100000 line. If it breaks through this area again on a rebound, the expected price increase will likely continue further.

In the short term, the Bitcoin market has entered a repair and consolidation phase. Although there have been fluctuations of several thousand points throughout the day, the current range pattern has not been broken. If the market breaks through 100000, consider going long.

In terms of operations, it is recommended to short Bitcoin around 99200-99700, with a stop loss at 100500, and aim for a target near 96500.