Market Analysis—BTC🔥
4-Hour K-Line Trend:
Resistance Level: Around 96824~98402
Support Level: Around 90525~92442
The 4-hour cycle K-line of Bitcoin is rising with decreasing volume, and the price is still oscillating in a descending wedge channel, forming a 'W' double bottom pattern before rebounding. Currently, the volume is decreasing, and the rebound is weak. Please pay attention to the resistance level at the neckline near 98402.