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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.