According to CoinMarketCap, the crypto market is still experiencing bearish pressure. The price of Bitcoin has dropped slightly by 0.11% in the past 24 hours. On the hourly chart, Bitcoin is approaching a resistance level of $96,469, and if it closes near this mark, there could be a breakout and further growth to the $97,000 area. However, on a longer time frame, Bitcoin is far from key levels, and ongoing sideways trading between $95,000 and $97,000 is the most likely scenario. The volume is low, indicating a lack of readiness for a significant move, and traders are unlikely to see any significant ups or downs by the end of the week. Currently, Bitcoin is trading at $95,641.
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