Market Update

Bitcoin has now entered the range we anticipated, with the 4-hour range spanning from $97.5k to $99.4k. Currently, the lows are holding strong as support during the retest.

Key Levels to Watch:

Support: Any wicks below the current range should be monitored for a bounce at $96k, where the 4-hour EMA200 is expected to provide support.

Resistance: If Bitcoin breaks above $99.4k, the next level to watch is $100k or higher, with $100k+ acting as a critical support level for further upside momentum.

Watch these key zones for potential market moves in the coming hours.