BTC has recently been consolidating around 100,000, with signs of recovery appearing on-chain, but a phenomenal big bull market is needed for a complete revival. After breaking through 100,000, BTC rose to around 104,000 at its peak, but then experienced a waterfall drop of 10,000 points, falling to around 90,000. It has now rebounded to 98,000. There is strong buying pressure below, showing characteristics of a bull market, meaning it can quickly recover after a drop. The recent 4-hour K-line shows a significant price drop compared to before, breaking through previous lows, indicating increased selling pressure. The MACD histogram has turned from positive to negative, indicating that the bulls are gaining strength, and the market trend is a bull market.

In the morning, the target for a large buy around 98,000 is 96,500-96,000; for a smaller buy around 3,780, the target is 3,700-3,680. $BTC $ETH