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Keep an eye on the $BTC 94400-94700 level! This is not just a number; it directly relates to the upcoming market rhythm.
Looking back at yesterday’s movement, the price surged to 98000 but was hammered down, rebounding 1400 points near 95700. The key today is: will it continue to push upward or fall into a correction?
Let me lay out my judgment—
**94400-94700 is the critical line for this wave of market movement.** If it can find support here, then look towards 96800; breaking this resistance and stabilizing above 98000 makes the 100,000 mark truly achievable. Conversely, if it falls below this support zone and cannot recover, then 98000 might become the ceiling for this round of market movement, and bulls will face significant pressure.
For those looking to trade a rebound here, the idea is clear—buy the rebound within the 94400-94700 range, but only if clear signs of support are visible. Going in blindly is just gambling, which is unnecessary.
Overall, I still lean towards the view that the bulls are not completely out of the game. There may be a period of high-level consolidation or a direct acceleration upward. The specific direction depends on whether this support level can hold—this is the most important point to watch today.