BTC price rebounded near 93000, forming a strong support area. If the price pulls back and stabilizes around this position, it is an opportunity to enter long positions. The upper resistance level is 103000, and if it can break through with increased volume, it is expected to further test the resistance level of 108300.
If the price of BTC rises while the trading volume also increases, it indicates strong buying power, and the upward trend is likely to continue, which is beneficial for holding long positions. If the price approaches the resistance level and the trading volume shrinks, it may face pullback pressure, and long positions should be cautious.
Suggestion: Long positions around 94300-93800, target above one hundred thousand!