$BTC ‌

Bitcoin starts the year with a strong rebound pattern, becoming the core driving force behind the market recovery. Since the low point of $87,200 at the beginning of the year, the price has not experienced a significant correction but has steadily advanced with slight fluctuations. As of now, it has successfully pushed up to the $94,700 level. This wave of increase not only allows Bitcoin to regain its previous ground strongly but also demonstrates the firm confidence of bullish funds. From a technical perspective, the current market has reached the $95,000 key resistance level. It is worth noting that this level is also overlapped with a downward trendline, forming a double resistance zone, which serves as an important threshold to test the strength of the bulls. On the daily chart, Bitcoin's price has successfully stabilized above the key moving averages, with the moving average system showing a gradually improving arrangement, providing technical support for the continuation of the trend. The bullish outlook for further upward movement remains strong. However, it is important to note that after continuous gains, there is a need for short-term correction and consolidation, as the market requires time to digest previous profit-taking and build momentum near key resistance levels. Regarding trading strategies, currently, short-selling is not recommended as it lacks participation value; one should decisively avoid counter-trend risks and wait until a clear top pattern emerges before considering short positions. In the short term, the core strategy remains to follow the trend and go long, patiently waiting for the correction to end and for another upward surge opportunity.