Yesterday's market continued to fluctuate within a narrow range, showing relatively weak trends. It wasn't until the U.S. stock market opened that the index showed volatility, initially rising, hitting resistance near 102500, then retracing, followed by a decline that stopped above 99000, expanding the fluctuation range.
The 4-hour structure chart shows that after the K-line rose and hit the upper resistance area, it quickly retraced, but there was no continuous decline with increasing volume; instead, it returned to operate within the fluctuation range. Overall, the market trend is currently in a high-level consolidation and repair phase, with noticeable fluctuations, seemingly waiting for more capital to enter. Once the energy accumulation is complete, there is hope for another bull market surge, and the daytime market will still be treated according to the fluctuation pattern.
Bitcoin is currently priced at 99960, directly go long, with a target aimed at around 101500.
