Bitcoin has once again surged and then retraced. I initially thought the market would break out this month, but given the pressure zone around 100,000 above, it has repeatedly tested but failed to break through.

The price has not yet broken through the daily midline, and it still feels a bit lacking. Currently, it remains in a weak adjustment phase, and the key support below has not been broken, so a significant drop is not likely.

Therefore, I expect that range consolidation will continue for a while. In terms of news, as the cryptocurrency market gradually changes, the short-term impact on prices won't be as significant as in the past.

In terms of operations, it is recommended to buy Bitcoin around 94,800-95,300, with a stop-loss below 94,000, and a target looking towards the area around 98,500.