Yesterday, the overall market operated around a range of fluctuations without breaking through. During the day, the strategy was to sell high and buy low. In the early morning, Powell's speech caused the market to surge, briefly breaking the fluctuation rhythm, raising the price of the currency, which came under pressure after touching 99000.

From the 4-hour structural chart, the K-line frequently closed with small bodies and long lower shadows. In the early morning, influenced by news, Bitcoin experienced a continuous surge, breaking the fluctuation situation. Powell's speech indeed brought about this surge. The deadlock has now been broken, and it has not quickly fallen back to the gains brought by the news, indicating that the bulls are slowly gaining strength, and buying power is gradually entering the market, with the upper trend initially aiming for the 100,000 mark.

Bitcoin is looking to buy around 98000 on a pullback, targeting the 100000 mark.