1229 Bitcoin (BTC)

Short-term trend: In the past few days, Bitcoin has experienced some consolidation, fluctuating between $95,000 and $96,500. Market sentiment is relatively cautious, with investors awaiting clearer market signals.

Medium-term trend: From a technical analysis perspective, the current price movement shows certain downward pressure, especially as selling increases near the resistance level of $96,500. If the price fails to break through this resistance level, it may retreat again to the support level of $95,000.

Long-term trend: From a longer time frame perspective, the overall trend of Bitcoin remains bullish, especially after breaking above $95,000, where market sentiment has improved, and investors are optimistic about future increases.