BTC performed strongly during the early morning hours, not only breaking through the main resistance level of 94400 but also successfully stabilizing above this level. The next trend depends critically on the 4-hour chart performance—closely monitoring whether the two key resistances at 0.618 and 0.786 can be broken again. If the breakout is successful, the subsequent focus will be on the Fibonacci data of the daily chart.

Currently, the main opportunity for shorting is concentrated around the price level of 101783, and attention should be paid to the price action at this point.

The long position is more attractive. Since the major timeframe resistance has been broken, a pullback becomes a golden opportunity to set up long positions. Focus on the closing performance within the 94400-94000 range—if there is no direct breakdown of this support, consider entering long positions.