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BTC pulls back after reaching $98,000. Bulls should consider this move.
【Blockchain Rhythm】 Recently, BTC has staged a small climax in the market — it approached $98,000 on Monday, but the market encountered quite a bit of selling pressure around that price level. The most obvious selling pressure in recent weeks occurred there, causing a slight pullback in the price.
However, from the overall situation, the liquidity on both the buy and sell sides has not shown significant issues, and it remains relatively balanced. Other key indicators also do not provide particularly clear signals.
For those long-term investors who started building positions at the beginning of the year, it might now be worth considering risk management — such as taking profits through partial or full liquidation, and waiting to see if a clearer market direction emerges. Instead of blindly adding positions, it’s better to secure profits first and wait for opportunities.