BTC Market Analysis🚩

Yesterday, BTC (Bitcoin) started at around 95700 on the daily chart, climbed to a high near 98400, and finally closed in the 97200 area. Currently facing upward resistance at 97600, once broken, it may reach the 98900 level. Support is found at the MA7 moving average below, consider buying on dips in this area.

On the four-hour chart, price fluctuations show a volatile trend, with MA90 becoming a key support. If it breaks down, it may test MA120. At this time, the MACD indicator shows the dual lines approaching convergence, indicating that the market is stabilizing, and opportunities for low-level entry are appearing.