From the daily chart perspective, Bitcoin has been continuously building a bottom around 90,000. As long as it does not break that blue trend line, the technical outlook remains intact. The recent consolidation at the two highlighted areas clearly indicates a bullish shakeout and retest, currently in the bullish recovery phase, which is a normal accumulation process.

This week's market is likely to continue fluctuating and gradually pushing higher. In terms of resistance levels, there is a chance to test the key zone between 94k and 95k sequentially. If the price can effectively break through this resistance, then 98k becomes an achievable target.

Regarding risk management—if the S&P 500 pulls back and drags the broader market down, BTC might be pushed back to the support zone of 88k-89k. But don’t panic; such a retest is actually a good opportunity to add positions, and a collapse is unlikely. If the bottom support at 88k is truly broken, then we’ll see if 85k can hold the line.

I’m not too worried about the current retracement. It’s better to build positions gradually with spot holdings and wait for the right moment to accelerate. The first half of the year indeed has a significant market move worth looking forward to.