Bitcoin is currently at a crossroads, and the upcoming trend will determine the short-term direction. We need to pay close attention to the $96,000 level.

From a bullish perspective, if Bitcoin can hold firmly above $96,000, there is a high probability of rushing towards $102,500 in the next 1 to 2 weeks. From a structural point of view, once this price level is maintained, it often accompanies a relatively steep rise, and it could even start next week. At this time, the market's buying momentum is actually gradually accumulating.

Conversely, what if it can't hold? That’s a different story. If it breaks below the $96,000 to $95,000 range, selling pressure will intensify, and the subsequent downside space will open up. In this case, the $78,000 to $77,500 zone becomes the next key point to watch.

In simple terms, this is a critical watershed moment. The market will definitely oscillate repeatedly, possibly pushing up or dropping down, so traders need to be prepared for both scenarios. Most importantly, risk awareness must not be relaxed; stop-losses should be set properly, and don’t be too greedy.