Market Analysis—BTC🔥
4-hour K-line trend:
Resistance level: around 96824~98430
Support level: around 90525~92548
Bitcoin's 4-hour cycle K-line has seen a volume decrease and is rising, with weak rebounds. The 4-hour cycle K-line is currently following a downward wedge channel trend; please pay attention to the resistance level around the neckline at 98800;
In the smaller cycles below 12 hours, the trend indicators are resonating with a downward trend, suggesting short positions on rebounds in the short term;