BTC Market Analysis🚩

Yesterday, the BTC (Bitcoin) daily line touched a low of around 92300 before rebounding strongly to a high of 98250, ultimately closing in the 97800 area. Currently, 95700 constitutes important support below, presenting a good opportunity for going long. As for upward resistance, focus on the MA14 moving average; once broken, it may challenge the MA7 moving average.

On the four-hour chart, 96200 is the support point below, suitable for buying on dips; while the upper resistance focuses on the MA90 moving average. If it can effectively break through, the MA30 moving average may become the new target. At the same time, the MACD indicator shows weakening bearish strength and hints at the formation of a hidden golden cross.