Currently, Bitcoin's market shows a pattern of oscillation and accumulation with a battle between bulls and bears. The price has stabilized around 95,000 but is limited by resistance around 93,000. The long-term trend remains intact, but short-term volatility risks still exist. From a technical perspective, multiple moving averages provide strong support, and most short- and medium-term moving averages signal buying; however, the long-term moving average still acts as resistance. Decreasing trading volume indicates a market in wait-and-see mode. Although institutional ETF funds are flowing back, there is still selling pressure from high-position short-term holders.



Today, Bitcoin remains stable around 95,000 with minor fluctuations, showing little overall volatility. Technically, after breaking out of the previous consolidation zone, the daily moving averages are arranged in a bullish pattern. The Bollinger upper band is widening, indicating a strengthening trend. The 95,000 USD level has shifted from resistance to effective support. During the pullback, volume decreased, suggesting limited selling pressure from bears, which is a healthy consolidation after a breakout.

Late at night, it is still recommended to enter on a pullback for a bullish position.
Watch for a bullish entry between 94,800-94,500, and consider going long above 95,500.
Ethereum focus on entering between 3,280-3,250 for a bullish position, and above 3,350.
ETH5,08%
GT-0,84%
BTC3,47%
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