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Bitcoin rebounds after testing bottom and stabilizes at 95,000! After dropping to a low of 94,300 in the early morning, it quickly rebounded. Buying support at low levels was strong, and there was no sign of panic selling, showing strong resilience.
From the current chart, the four-hour adjustments frequently show lower shadows, indicating healthy technical corrections. The 94,000 support level is the key focus for the future; as long as it holds, the bullish pattern remains intact. The recent correction is building momentum for an upward move. The hourly chart's overbought pressure is easing, short-term volatility is slowing down, and the upward trend is clear. Maintain a cautious bullish stance!
Bitcoin retraced around 94,800-94,300, with potential to rise to 96,800-97,800. A breakout could target 100,000.
Altcoins retraced around 3,280-3,230, with potential to rise to 3,380-3,450.