BTC/USDT Pullback to Key Support

The chart highlights Bitcoin's breakout from a symmetrical triangle formation, followed by a pullback to a critical support level. This price action indicates a period of consolidation before the next significant move.

Key Observations
1. The breakout from the symmetrical triangle has propelled the price upward, signaling bullish momentum.
2. The area around $97,100 is a crucial support level where buyers may step in.
3. A breakdown below $97,100 could lead to further downside, indicating a continuation of the pullback.
4. If the price holds above this support, a strong bounce and continuation of the uptrend are expected.

Strategic Implications
Monitor the $97,100 level closely. A strong defense of this support could provide an opportunity for long positions, targeting the next resistance levels.

Conversely, a confirmed break below $97,100 would warrant caution, as it may signal further downside.
Patience and careful observation are essential to capitalize on the next move effectively.