From the overall current trend perspective, Bitcoin has recently been in a slightly strong oscillation, with the daily chart continuously fluctuating within a range, and the support structure at the bottom gradually solidifying.

After experiencing a series of daily bullish closes, the market has undergone a correction and adjustment. Although there is an attempt to break through the upper boundary of the range, trading volume has not fully cooperated, and short-term upward momentum has slowed down. However, each pullback has been relatively limited and difficult to sustain, and the rapid rebound in price indicates active buying interest at low levels. The current adjustment is essentially a consolidation phase in the upward process, also a healthy correction of the previous continuous upward trend, and does not signal a trend reversal.

It is recommended to go long around 92,000 and 91,500, with the first target at 94,800, and a breakout to the upside targeting 97,000.