Market Update:

Bitcoin has managed to reclaim the critical $96.5k level, which corresponds to the 4-hour EMA200 and Monday's high. As anticipated, the $99.6k level (previous month's high) is now acting as resistance, a level that was once support before being broken.

Since $96.5k was reclaimed, it hasn’t yet been retested. If a pullback happens, this would be the key level to watch for a potential bounce and continuation to the upside. A successful 4-hour reclaim of $99.6k could signal a move towards the $102k mark.