The performance of BTC during this period has indeed been promising. As early as December 27th, we judged that the daily oscillation of BTC was about to end. As long as it stays above the 90500 support level, there is hope to directly target 97000 next. Looking at the current trend, BTC has already surged to $97,000, which basically validates this idea.

From a technical perspective, the key to this rally lies in whether the 90500 level can hold. Once this line is stabilized, the space for growth naturally opens up. What is the logic behind the rise from 87000 to 97000? The bulls are accumulating strength, with buying support on every dip. The current trend is the most direct proof of this judgment.

We also need to pay attention to a few details moving forward, such as where the resistance level above 97000 is and whether a new support can form after a breakout. The rhythm of this BTC rally is very strong. Although there has already been a significant increase in the short term, from a larger cycle perspective, the bullish pattern remains clear.