The market yesterday exhibited an overall trend of 'rising first and then falling.' In the morning, the price attempted to break through the 100,000 mark but failed, and the market gradually shifted to a bearish dominance, with a minimum drop to the 95,200 area. After that, there was a tug-of-war between bulls and bears within a thousand-point range, providing good opportunities for both sides. Due to frequent short-term operations during the day, specific profits and losses are not included in the statistics. In the evening, Bitcoin and Ethereum both experienced a loss but subsequently recouped the losses by following the trend of the market. At midnight, the price entered a phase of sustained consolidation after a significant drop. In such market conditions, as long as one can grasp the range, making profits on both sides is not a problem.

From the current market perspective, Bitcoin continuously dipped yesterday. Looking back at historical bull markets, corrections usually last about two weeks. After a deep correction last week, this week has recovered nearly half of the gains. Now it has once again retested the 95,000 area, but the bearish momentum has not continued. After the opening of the US stock market, it also did not break the 95,000 support, indicating that there are still upward opportunities in the market. Although the market initially expected the major index to strengthen this month, the price has repeatedly tested the key resistance area above without breaking through. In the short term, there still lacks sufficient upward momentum, and the overall trend remains weak, so it is advisable to maintain a light position. Nevertheless, the key support level below has not been broken, so the possibility of a significant drop is relatively low. It is expected that the subsequent trend will mainly focus on range-bound fluctuations, and if the key support level is broken, a shift in strategy may be considered.