Bitcoin is showing a few early signs of life today as price stabilizes around $95,000, hinting that buyers may be attempting to regain some control after the recent series of sharp declines. While this stabilization is encouraging, it is far from confirmation of a trend reversal. The market remains fragile, and every bounce so far has been quickly sold into. For now, the recovery attempts are better viewed as initial reactions, not evidence of a shift in direction.
For any meaningful change in structure, bulls must drive the price decisively above $97,000. This level marks the first real hurdle in the micro trend, and reclaiming it would signal that buyers are capable of breaking the sequence of lower highs that has dominated the chart for days. Without a break above 97K, Bitcoin remains inside a bearish channel, and downside continuation remains the path of least resistance. Simply put: anything below 97K keeps the market in danger.
Traders should remain cautious, as these “life signals” at 95K can easily turn into another trap if momentum fails. Confirmations matter more than hope, and the market has not yet provided a solid one. Until Bitcoin regains key levels and shows sustained strength, every bounce should be viewed through a defensive lens. The trend will only start to flip once bulls reclaim lost territory — and 97K is the first critical step in that process.
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