Bitcoin surged to $94,700 early this morning before facing resistance and pulling back, currently hovering around $94,000. Our previous long positions based on trend analysis have successfully taken profit of over 800 points, confirming that the bullish momentum still exists. Key support levels to watch are around 93,500.

Although the overall trend remains unchanged, there is a significant short-term correction demand: after a nearly 5,000-point rally from the lows, the price shows clear resistance near 94,700, and short-term technical indicators have entered overbought territory, with a large amount of profit-taking awaiting digestion. The market liquidity this morning is relatively weak, which has intensified technical correction pressures.

Therefore, early trading favors a pullback, with a focus on resistance around 94,300-94,500, and the primary support zones to monitor are between 93,500 and 93,000. If the price strongly breaks through the previous high, the correction idea should be paused, but current technical structures indicate that a moderate pullback is more conducive to healthy upward movement later. #加密市场开年反弹 $BTC