Breakout or Fake Move?

Bitcoin Latest Market Analysis + Support and Resistance Levels Sharing!!! #BTC $BTC
⚠️ Friday Night Key Battle: Retesting the previous high of 94,415, is this a “true breakout” or a “fake move”?
Latest Situation:
Retest Confirmation: Yesterday (Thursday), BTC surged to around 96,400, but due to profit-taking, it has been oscillating downward today. The current level of 94,750 is very critical because it is just above the previous historical high of 94,415 on January 6.
Technical Implication: This is a textbook “breakout retest.” If the price can hold the 94,400 - 94,500 zone and close above it, then yesterday’s breakout is valid, and the target could be 100,000; if it breaks down and closes below 94,000, then yesterday’s 96k may be a “bull trap,” and a deep correction could occur over the weekend.
US Stock Sentiment: US stocks are currently trading. On Friday evening, funds are cautious to prevent weekend black swans. Major players are likely to use tonight’s liquidity to probe downward near the 94,000 buy zone.
1. Support and Resistance Levels (Precise Calculation)
Short-term Support (1-3 days, Weekend/Intraday)
94,400 - 94,500: Immediate support (the critical line). The area around the previous high of 94,415. This is a must-hold position for bulls and the only standard to judge trend continuation.
93,500 - 93,800: Strong support (to prevent pinning). If major players deliberately break through 94,415 to create panic, this is the accumulation platform before a potential rally, and the limit for a quick bounce.
92,800: Short-term support/resistance dividing line.
Medium-term Support (1-2 weeks, Swing)
91,500: The starting point of this week’s main upward wave (top-bottom reversal).
90,000: Super ironclad bottom. The absolute defensive line of the bull market.
88,000: Structural bottom.
Short-term Resistance (1-3 days)
95,500: Immediate resistance. The rebound high during today’s decline. If it can break back above 95,500, it indicates the correction has ended.
96,431: Previous high resistance. The new high set yesterday, also a short-term double top pressure.
97,500: Fibonacci extension resistance.
Medium-term Resistance (1-2 weeks)
98,500: The last hurdle before hitting 100,000.
100,000: The century mark. The area of selling pressure that everyone is watching.
108,000: Crazy bull market target.
2. Overall Analysis and Best Entry Strategies
Overall View: The current level of 94,750 is in the “breakout retest confirmation” stage.
Bullish Strategy: The trend remains bullish. 94,400 is right below, with an excellent risk-reward ratio. The current decline is likely the main force shaking out weak hands who chased the high, providing a second chance for those who missed out.
Bearish Strategy: Do not short unless the price effectively breaks below 93,500. Shorting near the historical high may yield short-term gains but could be wiped out by a strong bullish candle at any moment.