Bitcoin is currently fluctuating around the 95,000 level, with a short-term bullish trend, but there is still resistance above. Looking at the daily K-line, the moving averages have contracted, and the 0.618 Fibonacci retracement level is around 94,200, which has become a strong support.



The MACD has been increasing in volume, with DIF and DEA both trending upward, indicating that the bullish trend has not yet changed. The Bollinger Bands' upward channel continues to widen, with the upper band near 97,000, which may serve as short-term resistance.

In terms of market sentiment, the Fear and Greed Index is now at 49, indicating a neutral to slightly weak state. Speculative enthusiasm has cooled down, and the market has entered a relatively healthy consolidation phase.

Operationally, it is recommended to focus on the support zone around 94,200 to 94,500 for buying on dips, but keep an eye on Federal Reserve policy movements, the impact of profit-taking, and resistance near the moving averages. Most importantly, manage your positions carefully, remember to set stop-losses for protection.
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TokenTaxonomistvip
· 5h ago
ngl, 94200 support is *statistically speaking* where the real liquidity pool sits—let me pull up my spreadsheet on this one
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LiquidationWatchervip
· 5h ago
The 94,200 support level is solid, but I don't believe it can break 97,000 this time. It feels overinflated.
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BearMarketSunriservip
· 5h ago
The 94,200 level is indeed strong, but I still want to dig a little deeper. The 49 greed index indicates there is still room.
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MondayYoloFridayCryvip
· 5h ago
The 94,200 level really can't hold, it feels like it needs to drop to 93,500.
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NFTBlackHolevip
· 5h ago
Is this support at 94200 really holding up? It feels like every time it breaks a little, everything collapses.
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AirdropFreedomvip
· 5h ago
Can the 94,200 support hold? I have a feeling this rebound is a bit fake.
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