BTC Morning Analysis

From yesterday's overall market situation, it showed a range-bound fluctuation with a relatively typical trend. First, it oscillated down to around 93600, then the US market rallied to recover the losses, forming a complete oscillation pattern. Currently, in the 4-hour structure chart, the candlestick has tested the bottom and returned to the central position of the oscillation range around 96000, continuing to fluctuate and consolidate. This indicates that there is no significant force to break the existing pattern in the short term, and it is highly likely that it will remain within this oscillation range for a while, with long and short forces in a relatively balanced state, making it difficult to see a significant upward or downward trend.

MACD Indicator Direction

The current MACD bearish energy bar is running with decreasing volume, which usually indicates that the bearish force is gradually weakening. However, just because it is running with decreasing volume does not mean it will immediately turn into bullish dominance; it more suggests that there is insufficient downward momentum in the short term. Therefore, it is a reasonable judgment to continue observing consolidation in the white盘 for now. If the bearish energy bar continues to decrease in volume until it disappears and there are signs of bullish energy bar divergence, that could indicate an opportunity for the market to break upward out of the oscillation range.

Operational Suggestions:

Buy Bitcoin on a pullback to the 95000 - 94500 range, and sell on a rebound to the 97000 - 97500 range.

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