The technical outlook is not optimistic. Last night, BTC surged to around 99300, then pulled back to around 97600, which is a small support level. It then rebounded by 1200 points and has been moving sideways upwards. From a technical perspective, the MACD has already crossed to the downside, a typical bearish signal, which we can interpret as a need for a weekly-level correction. The large bearish candle from last week has intensified market panic, leading to a significant outflow of funds. Therefore, based on this indicator, the next phase appears to be sideways consolidation. In terms of daily candles, the upward trend has broken down, with the 5-day and 10-day moving averages crossing below. However, as long as it doesn't break below 85, it's just a minor fluctuation. Short-term resistance is at 99500, with a breakthrough target of 102000. Although there have been multiple unsuccessful attempts to break through, we should still primarily engage in low-buy operations. Blindly trading alone will never bring opportunities. Follow me for insightful updates; I will guide you to discover tenfold potential coins! Top-tier resources! $BNB $SOL $BTC #币安Alpha公布第8批项目 #FlokiETP流动性提案通过 #加密市场调整 #美国加密立法或将重启