#比特币市场波动观察

1. The daily chart continues to rise with no signs of adjustment, and the short-term resistance level remains near 100600, as emphasized on Monday in the weekly SOW.

2. The 4-hour level has completed the crossing of the EMA resistance band for the first time. Although there was a dense collection of long upper shadows yesterday, the trading volume was low and quickly retracted, and supply has not expanded. In the coming days, the main observation is whether it can stabilize upon retracing to this EMA band (i.e., 97700-98200). The bullish defense level is 96000; if it breaks below, it will continue to weaken.

3. The intraday risk points mainly come from the 30-minute level, where there is a continuous retracement to the ascending trend line, but the upward momentum is starting to weaken. Be cautious of a rapid spike breaking the level.