#美国非农就业数据未达市场预期 Staying Calm Amidst Volatility: $BTC Might Reach 98-99K Next Week

The recent market movements have indeed been a bit confusing. Bulls feel the rebound is losing momentum and keep wondering when the next surge will come; bears, on the other hand, are holding tightly at support levels and can't seem to push it down. Essentially, this is a classic sideways consolidation pattern.

But from an objective perspective, this is actually a recovery process after a sharp decline. Interestingly, the bottom support levels are gradually rising—bottomed at 80,000, then stabilizing at 85,000 and 87,000 one after another, and now 90,000 has become a new support, indicating the market is slowly climbing.

The upper resistance at 94,500 has been tested twice but not broken through. These two peaks nearly coincide, forming a clear horizontal platform. Such platforms usually accumulate a large number of pending orders and potential buying and selling pressure, which the market will eventually need to clear.

From the trend line and wave theory perspective, the correction wave pattern since 80,000 may still be missing a Wave C impact. I tend to believe that reaching the 98K to 99K range next week is quite possible.

Currently, I maintain a full long position and remain bullish on $BTC's future trend. Sunday is a good day to review the latest technical analysis and share it with everyone.

If you find this analysis helpful, please give it a like—I would be very happy. Wishing everyone a pleasant weekend and successful investing!