Bitcoin's recent market movement is indeed quite interesting. A while ago, the price surged to above $97,000, causing the shorts to be wiped out, with a single liquidation reaching $548 million. However, the good times didn't last long, and it quickly fell below the $93,000 support level, this time catching the longs off guard, with liquidation amounts even more aggressive—directly reaching $1.218 billion.

This is a typical characteristic of high-level ranges, where bulls and bears repeatedly test key price levels. From the current position, I personally think the probability of a rebound is higher. The target is likely to return to around $100,000, as this round number psychological barrier is quite important. If it can hold this level, there may be new opportunities emerging.