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Bitcoin is now quoted at 96,000. At 2:00 AM when this was written, there are six hours left until the weekly candle closes. The market trend this week is very clear—continuing northward, with the target being that integer level of 100,000. For friends who have already entered above 94,000, consider taking some profits in batches near the previous high to feel more secure.
Looking at the daily K-line, the latest fluctuation is between 95,300 and 94,800, with a basic range of about 500 points up and down. The tug-of-war on the market is not intense. The EMA trend indicator is contracting and approaching the 94,200 level—this position is very critical. As long as 94,200 is held, the upward momentum can continue. If this level is broken, it will turn from support into resistance. The MACD bars are gradually shrinking as volume decreases, and the DIF and DEA highs are also pulling back, indicating that strength is accumulating. In the short term, if the main force continues to consolidate sideways, watch the 97,100 level upward, and below, keep an eye on 94,000 and 93,000.
Switching to the four-hour chart, after the previous U-shaped correction, the price has been oscillating around the EMA30 line at 94,800. The Bollinger Bands are gradually closing, with the upper band at 96,100 and the lower band at 94,500. This is the current trading range. The MACD shows signs of divergence at the bottom, with a clear reduction in volume. The DIF and DEA continue to open above the zero line, maintaining an overall upward rhythm, so holding is advisable.
Practical trading reference (remember to set stop-losses—safety first):
Below, between 94,600 and 94,100, as long as this area is not broken, continue to be bullish. Set a stop-loss at 400 points, with targets around 95,500 to 96,000. If these levels are broken, look further up to 96,500 to 97,000.
Above, from 97,000 to 97,500, if not broken, the market may continue downward. Again, set a 400-point stop-loss, with targets at 96,000 and 95,500. If broken, watch the 95,000 to 94,500 range.
Finally, a reminder: the market changes rapidly. Be sure to adjust flexibly based on real-time order book data. These are just strategic references; please bear the risks yourself.