Bitcoin price trend analysis shows that despite recent market fluctuations, the long-term upward target remains above $130,000.

Currently, Bitcoin has fallen below the important psychological level of $100,000, with the next key support range located at $94,000-$95,000.

It is worth noting that the current cryptocurrency market is significantly influenced by the geopolitical conflicts in the Middle East. Technically, we are still unsure whether this round of adjustment has completed the entire C wave or is merely in the C1 phase. To confirm the end of the downtrend, the price needs to break through the critical resistance level of $106,500, otherwise it may continue to extend downward.

From a trading perspective, the $94,000-$95,000 range may provide a better long entry opportunity, and investors can pay attention to the price reaction in this range.

The current market is at a critical crossroads, and investors should closely monitor the impact of geopolitical developments on the digital asset market and prepare risk management plans.