Bitcoin is repeatedly testing the bottom around $95,000 today, with the 24-hour price change remaining basically flat and low volatility. The current issue is that those who previously bought up are gradually selling off, and the price is being blocked at the key resistance level of 97,000-98,000. Trading activity has noticeably cooled down. From a technical perspective, there is no clear direction, and the market is in a wait-and-see mode, awaiting new signals. Looking downward, around $94,760 is a good support level. In the long term, continuous net inflows into ETFs and the overall macro environment still give the bulls some confidence, so the overall trend should still have support.