Currently, the 4-hour timeframe has already formed a clear bullish alignment pattern. This moving average band serves as the strong support for the current market. At the same time, main capital continues to flow in steadily, indicating ample bullish momentum. Although the price is temporarily facing resistance at 95,000 and experiencing some pressure, as long as it retraces to the support zone of the lower moving averages, it presents a high-value opportunity for low-cost accumulation. Based on the current volume and trend, the probability of breaking through the 95,000 resistance level is relatively high. It is recommended that everyone seize this retracement window and actively position for bullish trades.
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1.7 Bitcoin Market Analysis
Currently, the 4-hour timeframe has already formed a clear bullish alignment pattern. This moving average band serves as the strong support for the current market. At the same time, main capital continues to flow in steadily, indicating ample bullish momentum. Although the price is temporarily facing resistance at 95,000 and experiencing some pressure, as long as it retraces to the support zone of the lower moving averages, it presents a high-value opportunity for low-cost accumulation. Based on the current volume and trend, the probability of breaking through the 95,000 resistance level is relatively high. It is recommended that everyone seize this retracement window and actively position for bullish trades.