This week, Bitcoin climbed from 90,000 all the way to 97,900. Although there was a pullback afterward, it did not form a destructive decline—support was found around 94,200, followed by a rebound to the 95,000 range with sideways movement. This trend reveals some interesting signals.

From a technical perspective, the daily Bollinger Bands are clearly opening upward, and the MACD is also expanding, indicating bullish momentum. Although the weekly MACD has slightly contracted, the overall trend remains relatively strong. Combined with the continuous upward movement of the lows, the bulls' control is quite evident.

From a trading standpoint, you can consider looking for entry opportunities around 94,200. If the price retraces to 93,200, adding to positions is appropriate. For risk management, setting a stop-loss at 92,400 is more prudent. As for targets, 98,000 is the first key level to watch. If this resistance is broken, then 102,000 is within sight. The strong resistance at 96,000 has been successfully broken, opening up space for further upward movement.