Last night's market movement was indeed powerful. Bitcoin successfully broke through the previous strong resistance level, reaching around 96,500. The previously emphasized bullish bottom outlook has finally been realized. Friends who kept up with the pace have also gained another round of profits.



**Current Technical Outlook**

On the four-hour chart, the price has been closing higher consecutively, stabilizing above the previous resistance at 94,700. This is a typical trend reversal signal. The bullish structure has been established, and a pullback will present a new entry opportunity.

**Key Levels Clarified**

Resistance above is in the 96,000-96,500 range, while support is at 94,700-94,300. These intermediate levels are very important, especially 94,700, which has transformed from resistance into support—this is a critical turning point.

**Next Steps**

The core strategy remains to follow the trend and buy on dips, avoiding guessing the top. The most suitable entry zone is around 94,700-94,300. This area has turned previous resistance into support. Wait for confirmation of stabilization signals before gradually adding long positions; this will significantly reduce risk.

Place stop-loss below 93,800 to prevent falling into false breakouts and trap setups.

**Profit Targets**

The first target is at 96,500. If there is a strong breakout here, continue to look towards above 98,000. After a continuous rally, avoid chasing highs; be patient and wait for a pullback to confirm.

If 96,500 is broken strongly, you can add small positions to long trades, but be sure to trail your stop-loss to lock in profits and prevent reversals.

This recent market rally has been driven by macro sentiment and institutional funds. Once the trend is established, it’s not easy to reverse. Remember: in the face of the trend, following the trend is never wrong. If the direction is correct, holding your position is the best approach.
BTC4,22%
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