At the position of 94500, long positions are starting to make a big move.

Looking at the market, it's clear that BTC has plummeted from a high of 94500, with indicators across various time frames all crying out—1 hour oversold, 4 hour oversold, even the daily chart is this oversold. When the technical indicators collectively sound the alarm like this, it often signals a rebound is imminent. The space has been squeezed to the extreme; as long as there are funds willing to step in and catch the falling knife, a price reversal is just a matter of minutes. So what about the weekend market? I bet it will go upwards.

How to seize the opportunity? Don’t rush in right now. If the price pulls back once more, that’s what’s called a second bottom test, and you need to keep a close eye on that position—exactly how many points, you can feel it by watching the market. If a second test occurs, that will be the golden window to enter. The volume of long positions entering at 94500 is obviously stronger than the previous bottom at 98000, with more aggressive funding, indicating that it can hold here, and the rebound probability is quite high.

But remember one iron rule: never chase the highs. When it goes up and you follow, the cost is high, the mentality collapses, and it's hard to set a stop-loss point, in the end, you can't hold the position at all. If 94500 is really the floor price of this round of adjustment, then the market will likely give you a second chance to get in. Don't panic, wait for the pullback to get on board.