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Bitcoin repeatedly confirmed support around 94,000 before rebounding again. Currently, it hovers around 95,000, testing the validity of this area. The weekend market remains relatively calm, with key volatility expected to appear on Monday — whether the market can stabilize above 95,800 will be a litmus test for the direction.
From a technical perspective, as long as the price remains above 95,800 on Monday, the upward trend remains intact, and the overall structure is still sound. If the price can effectively hold above this level, it indicates that bullish momentum still dominates, with the next target pointing towards the resistance zone of 97,000-98,000. Once this area is effectively broken, market sentiment is bound to heat up further, and the conditions for challenging the 100,000 level will gradually mature.
In terms of trading strategy, it is recommended to look for low-position entries near the 94,000 support zone, while strictly setting stop-losses. If the price effectively breaks below this support, a reassessment of the overall direction is necessary. Holders can initially set 97,000 as the first target, with a long-term view still aiming at the psychological barrier of 100,000.