#数字资产市场动态 $BTC and USDT dominance have recently fallen into a stalemate, repeatedly confirming within two key observation ranges.

Speaking of Bitcoin's trend, the 98K to 97K region is now recognized by the market as a short-term hard top. You have to understand that as long as BTC is still hovering below this line, new long opportunities are actually quite trivial. But once it breaks through and moves upward, 100K naturally becomes the next inevitable target to test. Conversely, the 94K to 95K range is the bottom line—this is the support level for the short cycle. If it breaks below this, 90K and even 87K might need to be re-verified.

Here's a detail worth noting: As BTC continues to rise, a bearish divergence signal may appear on the 4-hour to 12-hour charts. Once this occurs, it will act as a ceiling for the rally, signaling a potential reversal for short- to medium-term traders.

Now, looking at USDT dominance. The 5.75% to 5.70% range is currently a support zone, with a clear defensive role. Meanwhile, 5.85% acts as a resistor, blocking the upward space of this index. This level must be watched closely. Once USDT dominance stabilizes above 5.85%, the market is likely to experience a more intense correction, possibly retesting the previous multi-month support at 6.20%—which was only recently broken.

From another perspective, if the index continues to settle below 5.85%, it is very likely to revisit the broader support zone of 5.5% to 5.25% in the medium term. From a higher cycle view, this area is like a steel gate, historically serving as a rescue zone.