$BTC Recent market opinions on Bitcoin are somewhat divided. From a technical perspective, the movement starting from the 97,963 level is worth close observation—only when an effective driving wave forms can there be a possibility of further downward exploration.

The current candlestick pattern basically aligns with the double zigzag trend characteristic, and the remaining scenario could be a guiding wedge. Excluding the downward wave, there is actually only one possibility: continuing upward.

Honestly, there's no need to be overly pessimistic at this stage. Instead of blindly bearish, it's better to adjust your mindset according to the actual market rhythm. Currently, two key levels to watch are: resistance around 96,198. If it cannot be broken, it indicates that lower levels are still to come. Support below is approximately at 93,569.

Overall, staying cautious is correct, but an overly bearish outlook might cause you to miss opportunities. It's important to dynamically track trend changes.