Bitcoin recently faced resistance after approaching 98,000, and the market has entered a slight correction zone. In the absence of significant capital inflows, the short-term trend is mainly characterized by oscillation.

It is worth noting that capital flow has become more dispersed. Large-capital investments are flowing more into traditional asset allocations—mainly US stocks and cash reserves—directly putting pressure on the liquidity of the crypto market.

From a technical perspective, reversal signals are gradually emerging. On the daily chart, the 15-day and 20-day moving averages have crossed the 50-day moving average, and the MACD indicator is showing a golden cross signal above, all of which suggest that the market may be building upward momentum.

Strategically, after confirmation signals are observed, consider positioning at the pullback levels. The recovery of liquidity is often accompanied by a sharp rebound, and the current correction may just be a preparatory phase.