Bitcoin has recently remained in a consolidation phase. From a technical perspective, the support level is at 94,444, and the rebound potential at this level could reach 98,000. Over the weekend, there was a single-sided move exceeding 1,000 USD.

The trading approach is clear: continue to trade this wave of consolidation, with the operational range between 94,444 and 98,000, and the key resistance/support boundary around 95,800-95,600.

If 98,000 can be broken through, the next major target could be in the 105,000-107,000 range, with a smaller target at 100,400. Currently, there are no obvious signs of weakness in the trend, and the overall strategy remains biased towards low buy-in. The long-term short positions established earlier can be held, awaiting a breakout signal.