Bitcoin approaches the $100,000 mark and has recently entered a technical consolidation phase. The $98,000 level has formed short-term resistance, and in the absence of new capital inflows, the market has begun to actively realize profits, resulting in a healthy correction. Overall, Bitcoin is currently showing a pattern of momentum reorganization within an upward channel.

From an operational perspective, you can consider going long around the levels of $94,800 and $94,500. The short-term target is first set at $96,500; if this level cannot be sustained, the next target is $98,000. This wave of correction should be a preparation for the subsequent rally.