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Looking at BTC's recent one-hour trend, a few details are worth pondering.
The price repeatedly oscillates around the 95200 USDT level, with only a 0.65% fluctuation over 24 hours, indicating that market participation remains somewhat conservative. Markets with such low volatility often hint at brewing something.
The most critical level is 94760 USDT. It acts like a watershed; holding above it can maintain a high-level consolidation in the short term, while losing it might trigger a correction. The resistance above, in the 97000 to 98000 range, is a longstanding difficulty, with multiple cycle indicators stacked there, making a breakthrough challenging.
Support levels below start at 95000, then 94500, and finally 94000, forming a layered support ladder. This support hierarchy actually provides some room for the bulls to imagine.
Honestly, in the short term, the most probable scenario is continued oscillation and consolidation. If a breakout is to happen, trading volume must cooperate; a price breakout alone is meaningless. Only a volume breakout can reveal the direction. Therefore, keeping an eye on changes in trading volume is key.