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Bitcoin is entering a technical consolidation phase during its push towards the 100,000 mark. The 98,000 level has formed a short-term resistance zone. In the absence of additional capital inflows, the market is proactively releasing floating chips, resulting in a healthy profit-taking correction. Overall, it shows a trend of "momentum reorganization within the upward channel."
It is recommended to go long around 94,800 and 94,500, with the initial target at 96,500, and if broken, look towards 98,000.