From the 4-hour level, BTC is still in the range of fluctuations.
Currently, it is blocked and pulled back at 97500, the high point of the previous band and the liquidity gathering point. The current key support level of the pullback is 95500, and then it is 93700.
Above 99500 is the key position of the parallel top of the large range. There will be a lot of longs taking profits here and there will be a certain selling pressure!
Next, if it successfully breaks through 97500 and successfully reaches 99500, then it will step back on the support and continue to rebound, and it can look up to a higher target.
If the breakthrough fails again at 97500, then continue to look at the pullback.
