The market on Friday evening was as usual, with the US stock market opening showing a one-sided rise or pullback, followed by a recovery in the early hours. The market movement was similarly consistent.
The rebound peaked at the 98630 level but could not hold, quickly falling back. The overall trend formed a clear wide-ranging tug of war, with bulls and bears alternating in their positions.
Today, pay attention to the 95000 level; breaking this during the day would indicate a stop, and then the weekend could see a wave of downward fluctuations, allowing for a small rebound short. Otherwise, be cautious of the market making another push to a new high.
In terms of operation, it is recommended to trade Bitcoin between 95000 and 96500, with a stop loss at 94200 and a target around 98500.