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The current market situation is particularly complicated—prices are repeatedly testing around $95,000, and neither bulls nor bears can claim victory. A pattern with a top above and a bottom below has already formed, and short-term pullback pressure indeed exists, but continuous influxes of institutional funds have provided significant support at the bottom.
The MACD indicator currently shows no clear direction, and the midline on the 4-hour chart is strongly pressing down on the price. At such times, it's easy to get caught in a trap. It is recommended not to be too aggressive—if the price pulls back to the support level of 94,400 and does not break below, then consider trying long positions, with targets in the range of 95,800 to 96,300.
The key is to be disciplined when the rebound approaches around 96,000—take profits when the move looks good and avoid greed. Only after the price truly stabilizes above the USDT resistance level of 96,581 should you consider adding positions or chasing longs. This way, risks can be better managed.