Bitcoin retraced on the hourly chart, finding support at the middle band and bouncing back. The KDJ is turning upwards and is about to form a golden cross with the three lines converging, and the RSI has also turned upwards. The short position at 99500 was advised to reduce at 98800, then switched to a break-even stop, and has now exited. Currently, we can only wait for the US stock market to open to see if it can stab down before going long, or if it hits resistance after approaching 100,000, to chase a short position. For now, we will observe around 99500!