Bitcoin is currently exhibiting a Bat Pattern, rebounding from the bottom. The short-term target is approximately around 10,700. Currently, the price is trading around 95,000. Overall, it is in a correction phase within an upward trend, and there hasn't been a clear, concentrated strong resistance yet.

From a trading perspective, you can wait for a pullback before going long, but you must set a strict stop-loss—this is the bottom line. The key is to clarify the significance of the 10,700 level, as it is a genuine resistance point.

From a larger cycle perspective, the overall market is still in a downward structure. This recent rally appears more like a technical rebound, with a bit of a "fishing" vibe. So, short-term optimism is reasonable, but as it approaches 10,700, be cautious—consider taking profits or at least stay highly alert and avoid blindly chasing at key resistance levels.

The core logic is: short-term bullishness is fine, but keep positions small, follow the trend, and strictly enforce stop-losses. Never act recklessly at resistance levels.