Yesterday's market overall showed a trend of 'first rising then falling'. In the morning, the price attempted to break through the 100,000 mark but failed. Subsequently, the market gradually turned bearish, dropping to a minimum of around 95,200. After that, it oscillated within a thousand-point range, providing good opportunities for both long and short positions. Due to the frequent short-term operations during the day, specific profits and losses are not included in the statistics. In the evening, Bitcoin and Ethereum both experienced a loss but subsequently followed the trend to short and recovered the losses in one go. At midnight, the price entered into a phase of sustained consolidation after a significant decline. In yesterday's market, as long as one can grasp the range, making profits on both long and short positions should not be a problem.

From the current market perspective, Bitcoin continuously dropped yesterday. Reviewing the historical bull markets, corrections usually last about two weeks. After a deep correction last week, this week has recovered nearly half of the gains, and now it has once again retraced to around 95,000. However, bearish pressure has not continued further, and after the opening of the US stock market, it has not broken the 95,000 support, indicating that there are still opportunities for upward movement. Although the market originally expected the major index to strengthen this month, the price has repeatedly tested the upper key resistance area without breaking through. In the short term, there is still a lack of sufficient upward momentum, and the overall trend remains weak. It is recommended to maintain a light position in operations. Nevertheless, since the key support level has not been broken, the possibility of a significant decline is relatively small. It is expected that the future will still be dominated by range fluctuations. If the key support level is broken, a change in direction may be considered.

Long Bitcoin at 95,400-95,100, target around 98,000

Long Ethereum at around 3,300, target around 3,440. #币安Alpha第7批项目公布 #BTC上攻11万？ #2025有哪些关键叙事？